Podcasts · Patrick Boyle On Finance
Hindenburg Research takes on Carl Icahn
· 19 min
Episode Hindenburg Research takes on Carl Icahn
Send us a textLegendary corporate raider and activist Carl Icahn found himself on the wrong side of a familiar battle this week when the short selling investment firm Hindenburg Research took aim at Icahn’s publicly traded holding company, alleging in a new report that Icahn Enterprises L.P. (IEP) is overstating the value of its private asset portfolio, and that its publicly traded stock units–85% of which Icahn owns–are “significantly overvalued.”Icahn’s fortune fell over 35%, from $18.3 bil...
Transcript
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