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The company's management has not yet submitted a buyout proposal.
Sallie Mae said this week that its offer to create an alternative buyout proposal was rejected.
Ticketmaster, which is growing more slowly, was less opposed to the buyout proposal.
The board of Exco has recently taken just such a position in response to a management buyout proposal.
Last week, Mr. Icahn appeared poised to join a chorus of opposition to the leveraged buyout proposal.
Last December, Dole agreed to a $2.5 billion buyout proposal from David H. Murdock, its billionaire chairman and chief executive.
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The deal gives AmeriPath the right to seek other buyout proposals until Dec. 21.
Stelmar, which is based in Athens, said it intended to reopen the auction and will accept new buyout proposals.
Because buyout proposals often take years to put together, several experts suggested that they be drawn up in advance with maps of properties targeted for acquisition.
Stephen O'Connor, chief lobbyist for the Mortgage Bankers Association, which fought intensely to prevent bankruptcy judges from having the power to change mortgage terms, said this week that the administration and Congress should have a "conversation" about mortgage buyout proposals.
In the last week of June, PetroKazakhstan received buyout proposals, which demonstrated that the company is undervalued and has the the potential to generate attractive returns for shareholders.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com