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Business
– Allergan’s newest strategy to fend off a $51 billion hostile takeover bid from Valeant Pharmaceuticals involves filing a suit in a California...
Business
– Herbalife is famously fraught with conflict which is as much about personalities as it is about money. Hedge fund manager Bill Ackman is...
Business
– Bill Ackman’s $1 Billion short of Herbalife is in jeopardy after his Attempt to bring it down failed. – Bill Ackman set out...
Business
– If a meeting is called, Ackman and Pearson would be expected to try to utilize it to vote in a new slate of directors. –...
Business
– Herbalife Sales reps must purchase the product up front. If they cannot sell it, they eat it. – Billionaire investor activist Bill Ackman...
Business
"Unlike many CEOs, " said David Pyott, "I'm not interested in what happens to me short-term."
Leadership & A-List
Ackman ... [will] continue to short Herbalife "to the end of the Earth."
VC, Investments
– The world may still be in the throes of the Great recession, but not Pershing Capital. – Wouldn’t we all like to...
Business
– Lawyers for Allergan, Valeant Pharmaceuticals and Pershing Square yesterday announced they had mutually agreed to a common understanding, without waiting for a...
Business
– – Today Valeant Pharmaceuticals, in partnership with Bill Ackman and his Pershing Square activist hedge fund, went hostile in their endeavor to acquire speciality...