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12.06 - 17:11
Bill Ackman says he’s ‘just watching from a distance’ amid Icahn Enterprises $9bn stock rout
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fnlondon.comHedge fund billionaire Bill Ackman says that he has no long or short position in Carl Icahn’s multi-billion dollar Icahn Enterprises after a report by Hindenburg Research left the firm’s stock reeling.
‘Just watching from a distance’ Ackman said after comparing Icahn Enterprises with failed investment firm Archegos Capital Management.
“Icahn...
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