Icahn Enterprises L.P. IEP on Wednesday issued a firm rebuttal against a short-selling report accusing it of inflating asset values that has shaved some $6 billion of its market cap in a few weeks.
“Hindenburg Research, founded by Nathan Anderson, would be more aptly named Blitzkrieg Research given its tactics of wantonly destroying property and harming innocent civilians,” said Carl Icahn, chairman of the IEP board, in a statement. IEP will take all appropriate steps “to protect our unitholders and fight back,” said the billionaire activist investor. Icahn acknowledged that the investment segment has underperformed in...
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