Tag: Icahn

Dell Deal Saga- Voting Rule Change

Voting Rule Change Is Viewed as Crucial to Dell Founder’s Takeover Bid. Last week, Michael  Dell and his partner, the investment firm Silver Lake, sought to change the rules for a shareholder vote on their bid for the company. In…

Hedge Fund News Weeky Recap

Hedge Fund News Weekly Reacap – Hedge fund deals, billionaire managers and investing news of week of May 27th to June 2nd.
Hedge Fund Managers Generate Billions of Returns in Record Start to Year
Hedge fund managers including Chris Hohn, Crispin Odey and Dan Loeb have each generated double-digit returns since the beginning of 2013 according to the The Telegraph reports.

Blackstone Drops $24.4 Billion Dell Buyout Bid

Blackstone Group LP Drops $24.4 Billion Buyout Bid, which leaves Dell with 2 potential bidders. CEO Michael Dell and billionaire hedge fund titan Carl Icahn. Dell has offered $24.4 billion, or $13.65 per share, and would take the company private. Hedge fund hot shot Carl Icahn has made a preliminary proposal to buy a majority of Dell stock while keeping it publicly traded. Icahn plans to pay up to $15 per share for 58 percent of Dell’s stock.

Bill Ackman The Big Short War Via Vanity Fair

Hedge fund hot shot Bill Ackman talks about Herbalife and other hedge fund titans. Hedge fund titan Bill Ackman has vowed to bring down Herbalife, the 33-year-old nutritional-supplement company, which he views as a pyramid scheme. With his massive shorting…

Carl Icahn Gaines 2 Seats on Herbalife Board

Herbalife will expand its board by 2 seats, giving them both to billionaire investor Carl Icahn. Carl Icahn will also have permission to raise his stake in the company from 13,6 percent to 25 percent. “We have a good rapport…

Hedgie Herbalife Battle Turns into Web Domain Fight – Icahn, Loeb and Ackman

Hedgie Herbalife Battle Turns into Web Domain Fight – Icahn, Loeb and Ackman. Hedge Fund hot shots take a fighting to the next level – therealcarlicahn.com and therealdanielloeb.com pop up online.
hedge-fund-comFirst, hedge fund hot shots Bill Ackman, Carl Icahn and Daniel Loeb tussled publicly over whether Herbalife Ltd. (HLF) is a pyramid scheme. Now their names are popping up online in ominous-sounding domain names, including “therealcarlicahn.com” and “therealdanielloeb.com.”

Biggest Drop In a Hedge Fund History

Totally Lightscrewed Phil Falcone waited at the bar of the Post House in New York with two colleagues and a $199 bottle of Tignanello. His guest, Carl Icahn, was late. Falcone, the hedge-fund manager who has invested $3 billion in…

Carl Icahn

Carl Celian Icahn has a Net Worth $14 Billion. He  was Born born on February 16, 1936 in Far Rockaway, Queens, New York City.  2011 was a notable year where he made $2 billion in trading profits, racking him #3…