Valeant Pharmaceuticals Intl Inc (VRX) Tanks As Ackman And Munger Feud

HFA Padded
Published on
Updated on

Bill Ackman might be over his fight with Carl Icahn (perhaps), but it looks like the CEO of Pershing Square might be in the midst of another with someone (or a duo to be percise) who are even more famous. Both Warren Buffett and Charlie Munger had such not nice words for the now (in?)famous pharma company Valeant Pharmaceuticals Intl Inc (VRX). This morning Charlie Munger said that Valeant was robbing from hospitals (or something pretty blunt like that) and that the company was a sewer and shares crashed close to 10 percent on the famous investors’ comments. Now Bill Ackman…

This content is exclusively for paying members of Hedge Fund Alpha

Log In

Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha

Don’t have an account?

Subscribe now and get 7 days free!

Comments are closed.