Posts tagged ‘BILL ACKMAN’

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Did Bill Ackman Trip over Allergan?

In amassing his huge stake, he may have stepped into insider trading territory  

If his death threat against Herbalife wasn’t risky enough, Bill Ackman’s recent hook-up with Michael Pearson of Valeant Pharmaceuticals has turned into an even more precarious campaign. 

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Is Activism Good or Bad?

It all depends on your investment time horizon . . .

Statistically, hedge fund activism was off the charts in 2013.  It was the top-performing hedge fund strategy by far and its practitioners won more proxy contests, attracted more capital and targeted bigger fish than ever before.

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Peering into Financial Fraud

Crazy Eddie’s cousin Sam now trains Feds in spotting white-collar crime

Remember Crazy Eddie?  The 1980s electronics retailer with the famous television commercials bellowing uncontrollably about the company’s prices being “insane!

Well, despite over $300 million in annual sales at its peak, Crazy Eddie went bankrupt in 1989 after being exposed as an 18-year, $100 million accounting fraud. 

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Short-Swing Profiteers

Billionaire hedge funders play poker over an activist target

At an investor conference last December, hedge fund activist Bill Ackman spent 3½ hours explaining why Herbalife, the 33-year-old direct marketer of nutritional supplements, was nothing more than a Ponzi scheme whose stock was worthless.

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The First Ten Days of an Activist Campaign

Should the current reporting window for 5% equity stakes be closed?

Whenever a hedge fund activist like Bill Ackman, David Einhorn or Dan Loeb picks a company to attack, he quietly amasses 5% of the target’s stock and isn’t required to notify management or the marketplace of his substantial stake or mutinous intentions for 10 days.