Financier Icahn Sets New Sights on Visx

Visx Inc., a maker of lasers used to correct vision, said longtime corporate raider Carl Icahn has filed to acquire up to 15% of its shares. Visx, based in Santa Clara, Calif., also said its board has adopted a stockholder rights plan. The rights go into effect only if a person or group acquires ownership of 10% or more of the company’s common stock or commences a tender or exchange offer. Visx said it had been notified that a company controlled by Icahn had filed under the Hart-Scott-Rodino Act with respect to his intention to acquire Visx stock in an amount exceeding $15 million. Visx shares closed off $1.25 at $22 on Nasdaq.