Bill Ackman Fires Back at Icahn: 'He Does Not Keep His Word'

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Stay Away from Herbalife (HLF), Fundamentals No Longer in Play! - Cramer

January 28, 2013 10:24 AM EST

Herbalife (NYSE: HLF) is lower on the session early Monday amid comments by stock wunderkind Jim Cramer late last Friday.

Cramer said that the spat between activist investor Carl Icahn and Pershing Square's Bill Ackman has him staying as far away from... More

Billionaires Get Nasty in Epic Icahn vs. Ackman Confrontation

January 25, 2013 3:01 PM EST

On a slow Friday afternoon, investors around the world paused their normal activities to listen in on what turned out to be one of the most intense, ruthless, and jaw-dropping interviews in Wall Street history.

CNBC invited Pershing Square's Bill Ackman on for an interview over multi-level marketing (MLM) company Herbalife (NYSE: HLF), a stock he thinks is worthless, as well as to clarify comments made earlier in the week about a debt owed by activist investor Carl Icahn. Coincidentally, Icahn... More

Icahn Says a Tender Offer Could Drive Herbalife (HLF) to $100

January 25, 2013 12:59 PM EST

Carl Icahn says there could be a tender offer on Herbalife (NYSE: HLF), creating a short squeeze and the stock could go to $100.

Ackman said no one would make a tender offer for HLF.... More

Bill Ackman Defends His Action on Herbalife (HLF)

January 25, 2013 12:26 PM EST

In a CNBC interview, Bill Ackman defended his action on Herbalife (NYSE: HLF) after an attack from Carl Icahn on the approach he took.

Ackman notes that Mr. Icahn used the same conference (Ira Sohn) in 2002 and 2003 to discuss some of his short... More

Icahn Would Not Invest with Ackman Even if the Two Were Friends (HLF)

January 25, 2013 12:07 PM EST

Carl C. Icahn released the following statement in response to yesterday's press release issued by Bill Ackman:

"In 2003 I helped Bill Ackman out of a jam he was in with a fund called Gotham Partners, by buying Gotham's stake in a company called Hallwood Partners.

"In our stock purchase agreement with Gotham they were entitled to an earnout equal to 50% of our profit on the Hallwood shares if we 'sold or otherwise transferred' those shares. This was to protect Bill from looking bad to his... More

Carl Icahn Hates on Bill Ackman (HLF)

January 24, 2013 5:12 PM EST

Carl Icahn discussed Herbalife (NYSE: HLF) and Bill Ackman on Bloomberg TV Thursday. Icahn said he doesn't "like" or "respect" Ackman and criticized how he handled his Herbalife short bet. Icahn wouldn't confirm rumors he is long Herbalife, but hinted at it. He did, however, say he wouldn't buy the stock just to burn Ackman.

Below are highlights from the interview:

On whether Icahn has a long position in Herbalife:
"I stay away from commenting on positions that we have or we don't... More

Carl Icahn Pretty Much Hates Bill Ackman (HLF)

January 24, 2013 3:48 PM EST

Carl Icahn says doesn't like or respect Bill Ackman. Says Herbalife (NYSE: HLF) attack by Ackman was 'disingenuous.' Comments on Bloomberg TV.... More

Carl Icahn says doesn't like how Bill Ackman attacked Herbalife (HLF)

January 24, 2013 3:44 PM EST

Carl Icahn says doesn't like how Bill Ackman attacked Herbalife (NYSE: HLF). Comments on Bloombert TV... More