I saw that. He is selling shares of his company 13% below market value. Has some of his share holders mad, but will be a good investment when his JCP shorts and HLF longs are added in. Pays a good dividend too. I think I will buy some IEP here.
Wonder what he will do with the $223Mil? Can you say holy #$%$ Mr. Ackman?
I just bought 1000 shares of IEP at $62.67. It pays a 5.6% dividend that Carl will keep in place and with the yeild on HLF and JCP investments this should be a winner (not to mention Netflix and who knows what else). I am starting to really like Carl.