Icahn vs. Ackman

By Laurie Bennett

January 25, 2013 at 4:37pm

We’ve lost count of the rounds in the long-standing battle between billionaire takeover artist Carl Icahn and multimillionaire investor William Ackman.

The latest exchange of blows centers on the nutritional supplements company Herbalife.

Carl Icahn
Carl Icahn

Icahn has reportedly invested; Ackman has bet against the company.

In an interview on Bloomberg TV, Icahn didn’t pull punches: “It’s no secret I don’t like Ackman,” he said. “I don’t respect him, and I don’t like him.”

Ackman answered with a news release, noting that he had to sue Icahn for payment after selling him a stake in a company called Hallwood
Realty Partners.

“Carl Icahn is a great investor, but, in my experience, he does not keep his
word,” Ackman said.

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