Billionaire activist investor’s holding company grasps for revival as it cuts dividend and weighs asset sale
Plus, UK executives digest the new Labour government’s budget and Volkswagen’s painful transition to EVs
Midwestern US refinery CVR Energy suspends its dividend, a crucial source of cash for the veteran financier
The first rule of working for Icahn: do not talk about working for Icahn
Plus, the great lengths of H2O Asset Management and a long-shot bid emerges for 7-Eleven
Activist and his company will pay $2mn to resolve probe launched after Hindenburg Research report
Happiness is an amended and up-to-date Schedule 13D
Plus, Elliott faces its own boardroom challenge and a new twist in a UK infrastructure disaster
CVR Energy has paid out $3.2bn in dividends to feared activist’s public investment vehicle
Securities and Exchange Commission faults ride-hailing app for failing to disclose role of director in deal
Carl Icahn is under pressure from short sellers, and his own bets
Forever is a long time to forecast
Move follows short seller Hindenburg Research saying large payouts are unsustainable
Billionaire investor pledges more collateral in deal with five lenders
The veteran investor has seen bets against a fast-rising market turn sour
Plus, Amundi bets on China, hedge funds short Greek debt, and Norman Foster’s first major retrospective
Plus, Credit Suisse bondholders get access to AT1 wipeout decree and Geely boosts stake in Aston Martin
‘If I kept the parameters I always believed in . . . I would have been fine,’ concedes activist
Plus, China raids due diligence firms and Gen-Z lawyers overlook Big Law
Shares plummet on news US attorney’s office sought information a day after report from short seller Hindenburg Research
Activist investor strongly denies Hindenburg allegations but he may have a more immediate problem
Plus, the Jeb Bush/NSO deal that never was and ChatGPT comes for the ed-tech sector
Legendary activist investor’s vehicle said to be overvalued in critical report
Billionaire activist had sought two board seats at fast-food chain in campaign to end caging of sows
