Saturday, 28 March 2015
Last updated 23 hours ago
Jan 31 2013 | 11:43am ET
William Ackman isn't the only activist hedge fund manager with a potentially derogatory Web site hanging over his head.
Just days after it emerged that Herbalife, the nutritional supplements company that Ackman has accused of being a pyramid scheme, had registered more than 10 domain names including Ackman's name, among them therealbillackman.com, two managers on the other side of the Herbalife fight have gotten the same treatment.
It is unclear who registered therealcarlicahn.com or therealdanielloeb.com, although Ackman's Pershing Square denies having done so, Bloomberg News reports. Both Carl Icahn and Third Point's Dan Loeb are believed to be long Herbalife shares, and Icahn and Ackman renewed their long-standing acrimony during an televised interview last week.
None of the domains including the names of Ackman, Icahn or Loeb are currently active.
Ackman, whose campaign against Herbalife includes a Web site of its own, factsaboutherbalife.com, criticized the company for buying the domains referring to him
"What legitimate company would do something like that?" he asked Bloomberg News. "The spotlight is on Herbalife and they are doing everything they can do to turn it away."
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…