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Published on 8/14/2008 in the Prospect News Special Situations Daily.

Icahn affiliate purchases 521,549 shares of XO Holdings

By Lisa Kerner

Charlotte, N.C., Aug. 14 - Carl C. Icahn affiliate Cardiff Holding LLC bought 521,549 series A shares of XO Holdings, Inc. for a total of $13,690,661, or $26.25 per share.

The investors beneficially own 657,421,887 shares, or 87.94%, of XO Holdings, it was reported in a schedule 13D filed with the Securities and Exchange Commission.

Icahn is chairman of the Herndon, Va., voice and internet services company's board of directors.


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