Valeant carl icahn biography

Carl Icahn Building Stake in Allergan Amidst Management Criticism

After two of Allergan’s investors, Appaloosa Management and Senator Investment Group,wrote to the company’s board asking that Brent Saunders’ duties be split up, legendary investor Carl Icahn appears to be building a position in the company—again.

Appaloosa and Senator each have about a one percent stake in Allergan, perhaps best known for being the manufacturer of Botox. Both hedge funds had been urging a management shift since Brent Saunders, both chief executive officer and chairman, described a plan to sell the company’s women’s health and infectious disease businesses.

Allergan had recently undergone a strategic review that considered splitting the company or acquiring more. The leaders of the two funds disagree with this approach and feel that the company needed to take away some of Saunders’ power, as well as add fresh blood to its board.

In the third letter Appaloosa’s David Tepper and Senator’s Douglas Silverman sent to the Allergan board in recent months, they wrote, “It is time for All

This page is a digest about this topic. It is a compilation from various blogs that discuss it. Each title is linked to the original blog.

1.The History of Carl Icahn and Activist Investing[Original Blog]

Activist Investing

Activist investing has been a hot topic for years, with many investors looking to follow in the footsteps of the legendary Carl Icahn. Icahn is a well-known activist investor who has made a name for himself by taking large positions in companies and then using his influence to push for changes that he believes will increase the value of his investment. Icahn's track record speaks for itself, with many of his investments resulting in significant returns for his investors. However, there are also those who have criticized Icahn's tactics and questioned whether activist investing is really the key to success in the stock market.

To help you better understand the history of Carl Icahn and activist investing, here are some in-depth insights to consider:

1. Carl Icahn's background: Carl Icahn was born in 1936 and began his career as a stockbroker in t

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