** Shares of Carl Icahn's investment company Icahn Enterprises L.P. IEP.O down 8.84% at $11.75
** IEP to cut its dividend by half to 50 cents per share to fund CVR deal as well as other investment opportunities
** Co posts Q3 profit of $0.05 per share, missing analysts' average estimate of $0.21 - data compiled by LSEG
** Also announces proposal to acquire up to 15 mln additional shares in CVR for a purchase price of $17.50 per share
** Including session gains, stock down 25.01%
(Reporting by Subiksha S in Bangalore)
((Subiksha.S@thomsonreuters.com))
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