Carl Icahn: 'I'm not going to be involved' In Family Dollar

Carl Icahn discussed family dollar and corporate governance in a phone call to CNBC.

Most notably, Icahn said, “I’m not going to be involved anymore,” regarding his role as an activist in Family Dollar FDO. “I’m happy we made $200 million in a few months.”

Echoing previous comments, Icahn emphasised that Family Dollar CEO Howard Levine’s actions are an example of poor corporate governance.

Related: Carl Icahn Snipes At Family Dollar After Questions Raised On His Role

Dollar Tree DLTR stated that an earlier bidder for Family Dollar was driven away by Icahn’s involvement. Icahn, however, says that this is very hard to believe and that a sale would not have happened without his involvement.

The other buyer is rumored to be Dollar General DG, who made an unsolicited $78.50 bid for Family Dollar Monday.

Family Dollar shares are most affected by Icahn’s comments, dropping 0.4 percent on the news.