	icahn drops bid for twa twa trans world airlines inc said chairman carl c icahn has withdrawn his proposal to uire the twa shares he does not already own due to the deterioration in market conditions under the proposal icahn would have paid for each twa share dlrs in cash and dlrs face amount of pct subordinated debentures due twa said icahn reserves the right to make a subsequent proposal at some future date on the same terms or different terms reuter 
