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Ackman: I Am Not GekkoIcahn

We aren't totally sure that "soft sell" is how we would put it, but maybe softer sell. And this is definitely just because we can't help but root for Ackman (90% losses are nothing compared to boyish charm, you know) and Target is such a tantalizing... er... target. Plus, anyone who doubles down with such ease cannot help but attract our (sideways, nervous) glance. So, if the Post wants to give us WA the soft-seller underdog, we're game.

Portraying himself as "the underdog" in the fight, Ackman referred to Target's board as a stagnating "friend of Bob," with change-resistant members handpicked long ago by retired chairman Bob Ulrich.
As he introduced his own slate to Target investors at a Midtown auditorium yesterday, Ackman took pains to insist that his own nominees -- with backgrounds in groceries, credit cards and corporate governance, in addition to real estate -- weren't merely stooges assembled to further his own agenda.
"I just want independent, fresh perspective on the board," Ackman said.

(Michael Douglas actually thought Gekko was evil, and Carl may be the elder statesman of activists, but you are the young upstart for us every time! Call us WA! We still love you!)
Ackman's Soft Sell [The New York Post]


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Carl Icahn Finds 307,000 More Ways To Tell Bill Ackman "I Will Haunt Your Dreams"

The Pershing Square manager will never be free of this guy.

How Should Bill Ackman And Carl Icahn Settle This Thing Once And For All?

When Mark Hughs founded a multi-level marketing company called Herbalife in 1980, he probably thought it had the power to do a lot of things. Help people lose weight. Makes others rich. Shake up the diet industry. What he mostly likely did not expect, however, was that his li'l company that could would reignite a feud between two billionaires that would devolve into a flurry of press releases quibbling over who was dying to be friends with whom, shouting matches on live TV, and, we predict, someone telling someone else he has a right mind to "Rip the eyes out of your head and piss into your dead skull! You messed with the wrong hedge fund manager!"