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Icahn Enterprises’ stock plunges after Hindenburg says legend of Wall Street made a ‘classic mistake’
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Activist short-selling firm Hindenburg Research has targeted hedge fund billionaire Carl Icahn’s multi-billion dollar empire with a report on 2 May calling the firm’s economic structure “Ponzi-like”.
Carl Icahn chairs Icahn Enterprises and holds a roughly 85% stake in the$18bn holding firm with his son Brett Icahn.
The firm, which has offices...
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