The short seller that took on Asia's richest man has a new target: Wall Street legend Carl Icahn
The shorter seller that took on Asia's richest man is targeting the business empire run by another billionaire: Carl Icahn.
against Icahn Enterprises on Tuesday. It claims the Wall Street legend's holding company has used inflated asset valuations and has been run like a Ponzi scheme." IEP trades at a 218% premium to its last reported net asset value , vastly higher than all comparables we've uncovered clear evidence of inflated valuation marks for IEP's less liquid and private assets the company has suffered additional performance losses year to date following its last disclosure.
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Icahn Enterprises stock skids lower as short seller Hindenburg puts Carl Icahn's company in crosshairsHindenburg Research said it is betting against Icahn Enterprises and contends the company is overvalued compared with peers.
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Hindenburg Research blasts Carl Icahn’s hedge fund as ‘Ponzi-like’ in latest short-seller campaignHindenburg revealed that it has taken a short position on units of Icahn Enterprises.
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Billionaire Carl Icahn’s Empire Propped Up By ‘Ponzi-Like’ Scheme, Short-Seller Hindenburg ClaimsA Hindenburg Research report claims billionaire investor Carl Icahn's storied holding company has artificially propped up its stock price with a “ponzi-like economic structure.'
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Hindenburg Research goes after Carl Icahn in latest campaign for market-moving short sellerThe Nathan Anderson-led firm took a short position against Icahn Enterprises, alleging 'inflated' asset valuations, among other reasons.
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Billionaire Carl Icahn’s Empire Propped Up By ‘Ponzi-Like’ Scheme, Short-Seller Hindenburg ClaimsInfamous activist firm Hindenburg Research unveiled its latest target Tuesday, alleging billionaire investor Carl Icahn's storied holding company has artificially propped up its stock price with a “ponzi-like economic structure.”
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Illumina: Icahn’s nominees ‘unqualified’Illumina Inc. said Monday that activist investor Carl Icahn’s board nominees are “unqualified,” urging shareholders to reject all three of Icahn’s nominees...
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