World & BusinessIcahn’s firm faces collusion allegations over $25 billion Endeavor buyout
Bloomberg reports that a Delaware lawsuit accuses the firm and other investors of illegally colluding in arbitrage bets to challenge Silver Lake’s takeover.
TLDR
Carl Icahn’s firm and other investors were accused in a Delaware lawsuit on September 21 of illegally colluding in arbitrage bets to challenge private equity firm Silver Lake’s $25 billion buyout of Endeavor Group Holdings, Bloomberg reports.
Icahn’s firm faces collusion allegations over $25 billion Endeavor buyout
Bloomberg reports that a Delaware lawsuit accuses the firm and other investors of illegally colluding in arbitrage bets to challenge Silver Lake’s takeover.