(CNBC) “The company was so afraid of losing a proxy contest that they made a deal with the devil, so to speak,” Ackman said, clarifying that he “meant that in the most positive way.” Icahn’s board appointments at Newell last month came just days after he disclosed a 6.86 percent stake in the company. The appointments included his son, Brett Icahn.
Bill Ackman Says Newell Made ‘Deal With The Devil’ In Icahn Agreement
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