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Carl Icahn Puts Millions Into HowStuffWorks

  • Reuters, Friday, December 16, 2005 10:33 AM
Time Warner troublemaker Carl Icahn has made a "significant" but undisclosed investment in public information Web site HowStuffWorks, the ad-supported Web company said yesterday. In an interview, HowStuffWorks CEO Jeff Arnold said the investment amounts to "tens of millions of dollars." Separately, HowStuffWorks has struck several deals that will see it become the exclusive online publisher of products review publisher Consumer Guide, the Mobile Travel Guide, and Publications International Ltd., a publisher of mass market books and guides for home and garden enthusiasts. HowStuffWorks is owned by the privately held Convex Group.

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