IEP - Living In The Past
The Credit Strategist Blog
In the June issue of The Credit Strategist, I discussed at length the May attack by short seller Hindenberg Research on Icahn Enterprises LP (IEP). Hindenberg detailed that IEP was trading at an unreasonable 218% premium to its last reported NAV, questioned IEP’s valuations of some of its illiquid and privately traded assets, and noted the company’s ap…
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