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There was a day when Carl Icahn and his ilk were derided as greenmailers. Fortune puts it eloquently: "The rap on Icahn has been that he's a fast-buck artist who uses a limited bag of... Read more...
Activist hedge funds managers--the type that some still liken to raiders--and the management of their target companies really aren't all that far apart in the big picture. Here's a good example:... Read more...
Carl Icahn isn't finished with Time Warner yet. He controls about 1.5 percent of the company, but that seems like it will only increase. In fact, he's starting a special fund to do one thing:... Read more...
Carl Icahn vs. Time Warner got all the headlines, but it seems clear that more hedge funds versus management battles are being waged. In many ways, this all seems like a throwback to the 1980s. Of... Read more...
Did Bruce Wasserstein's gambit in the Carl Icahn-Time Warner fight do harm to his reputation? The New York Times jokes he may have been revealed "as Wall Street's Emperor With No Clout."... Read more...
Some class actions settlements really aren't. Take Time Warner: Janus has opted out of a settlement and is pursuing its own. So are a handful of state pensions and more than 100 other... Read more...
Bruce Wasserstein, to hear some tell it, is making a huge gamble. By joining the "break-up Time Warner" movement headed by Carl Icahn, he seems to be signaling to the world that Lazard is more... Read more...