No CBOE merger now, Ackman’s Herbalife bet blasted, Starboard Value’s Wausau Paper fight and more
By Chris ClairWhat’s news around the hedge fund industry for Tuesday, Jan. 15, 2013:
Around the web
COBE’s Brodsky: No merger plans for now. (Crain’s Chicago Business)
Bronte Capital’s John Hempton: Ackman’s bet on Herbalife ‘the most easily falsified bear-thesis I have seen’. (WSJ’s MarketBeat blog)
Herbalife drama shines light on direct-selling stocks. (WSJ’s MarketBeat blog)
Herbalife shares bounce back, to Dan Loeb’s advantage. (New York Post)
Lampert adds to stake in Sears, shares rise. (Dow Jones Newswires, via Fox Business)
Starboard Value accuses Wausau Paper chairman of ‘bad faith,’ nominates slate to board. (Milwaukee Journal-Sentinel)
‘Tax Extenders’ that slip under the radar. (DealBook)
JPMorgan board votes to release ‘London Whale’ report. (DealBook)
Dell buyout talks advance, Silver Lake lines up banks. (Chicago Tribune)
New hedge funds flock to New York City. (FINalternatives)
Albert Hu sentenced to 12 years for running hedge fund fraud. (Bloomberg)
NewAlpha backs ex-Nomura team’s hedge fund. (FINalternatives)
Polar Capital’s assets top $6 billion. (FINalternatives)
Disgraced FrontPoint manager Joseph ‘Chip’ Skowron fights $10.8 million Morgan Stanley bill. (FINalternatives)

