Ackman vs. Icahn: The Gloves Come Off

Law360, New York (January 26, 2013, 12:00 AM EST) -- Two of the country's brashest investors, Carl Icahn and Bill Ackman, captivated Wall Street on Friday, when opposing stock positions on vitamin supplier Herbalife Ltd. ignited long-held animosity and spilled over into a throwdown on live TV.

The pair, who have made millions taking shots at corporate executives, took aim at each other on CNBC, and warring bets on Herbalife — Icahn is reportedly long the stock, Ackman short — exploded into harsh words.

The 76-year-old Icahn called Ackman, who heads hedge fund Pershing Square Capital...
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