Hindenburg Targets Icahn, Bets Against Bonds.
TL;DR Summary
Short seller Hindenburg Research has criticized Carl Icahn's investment firm, Icahn Enterprises, for failing to disclose enough information in response to its critical report. Hindenburg has initiated a short position in Icahn Enterprises's bonds, in addition to its bet against the group's units. Icahn Enterprises responded to Hindenburg's report, saying that the company's net asset values use "standard industry valuation methods" and that it was assisted by third-party consultants.
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