Here are a pair of encouraging signs of the thaw… From Forbes: Carl Icahn knows a good deal when he sees one. Following months of anticipation, the billionaire and activist investor made a $200.0 million offer to acquire the Tropicana Casino and Resort in Atlantic City on Tuesday…year-earlier bids for the struggling casino were closer to $1.0…
Carl Icahn
Golden Age for Activist Investors? 'Bout Time!
“A lot of people die fighting tyranny. The least I can do is vote against it.” – Activist Carl Icahn, Texaco Annual Shareholder Meeting 1998 Could 2009 be a Golden Age for Activist Investors? Ken Squire wrote a pretty convincing case in Barron’s this week and I can only say that it’s about time. His…
Hot Links: When Giants Clash
Hot Links for Weekend Reading Shedlock vs Schiff The big hullabaloo in Wall Street Blogland this week was the unsolicited Peter Schiff beatdown issued by Michael “Mish” Shedlock (Sitka Advisors) on his Global Economic Trend Analysis site. Mish was sick of all the “Peter Schiff Was Right” promotional videos floating around and decided to call…
