EddieLampert.com Salesman Offering Ackman-Related Websites

Jul 16 2014 | 11:14am ET

Bill Ackman may have given Jeff Klaips a moment of his time—but he’s not giving him any money for Klaips’ two Ackman-related internet domain names.

Klaips bought BillAckman.com and WilliamAckman.com in 2007. Two years later, he was offering them for $10,000 each. Now, he’ll take just $4,900 for both of them, according to Absolute Return—but Ackman isn’t biting.

Klaips, who runs a suburban Chicago construction clean-up company, worked the trick earlier this year, selling EddieLampert.com to the hedge fund manager’s ESL Investments for $4,200. Klaips had bought the domain 10 years ago.

Klaips actually met Ackman—and Lampert—at Sears’ annual meeting in 2004, winning an autograph and photo opportunity with each. He’s recently reached out to the Pershing Square Capital Management chief again, and says he’s received one response, but to date, no deal for the domains.

“I should have had it more priced like it is right now,” Klaips said, when Herbalife was out buying several Ackman-related domains as part of its dispute with the hedge fund manager. “I’ve got nothing to lose at this point… but I would never have guessed Eddie Lampert would have bought his first.”


In Depth

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of