Mark Cuban Is Not Happy With The Insider Trading Investigation Of Carl Icahn
After fighting insider trading charges and winning, the Dallas Mavericks owner says "Until you have waken up to headlines accusing you of wrong doing by the government or others you have no idea how Important due process is."
eBay Fires Back At Icahn, Calls Him A Distraction
The company is imploring shareholders to vote against Icahn's proposal to spin-off PayPal and appoint two board members at its upcoming annual meeting, and calling out Icahn's personal attacks and the credentials of his proposed board members. This is just the latest in a heated battle that's taken shape in the last three months.
eBay CEO Takes On Icahn In New Video Sent To Employees
In the video, which was forwarded to BuzzFeed by a source, eBay CEO John Donahoe dismisses the billionaire hedge fund manager's campaign to force a sale or spin out of PayPal as an attempt at "short term financial maneuvering to drive the stock price up."
Analyst Claps Back At Billionaire Hedge Fund Manager Bill Ackman
In his quarterly investor letter, Ackman described D.A. Davidson analyst Timothy Ramey as "perennially bullish" on Herbalife and said that investors think he's "speaking on behalf of the Company." Ramey today said in a note that Ackman has capitulated and is at higher risk of losing his entire $1 billion short bet.
Is Billionaire Hedge Fund Manager Bill Ackman Destroying His Credibility?
UPDATED: A series of dramatic letters and erratic behavior by billionaire hedge fund manger Bill Ackman isn't helping his activist investment efforts with J.C. Penney and Herbalife. His decision to resign from the board of J.C. Penney on Tuesday caps a year of public battles and strange moves, but is it too little, too late?
Three Men Worth $44 Billion Are Fighting Over A Supplement Company
Herbalife, a dietary supplement company that has captured the intense focus of three of the hedge fund world's most influential investors, continues to rake in capital, most recently from George Soros. Four, if you count Daniel Loeb.