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David Tepper Criticizes Whirlpool Board for Value Destruction
Billionaire investor David Tepper, through Appaloosa Management, sent a strongly worded letter to Whirlpool's board, accusing the appliance maker of destroying shareholder value.
25 Feb, 14:45 — 25 Feb, 15:24
The Story
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Moderate (27/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 2/5 buckets covered8/33
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zerohedge
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Sources
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YahooMostly Factual91d ago
David Tepper Tells Whirlpool to Take Care of Its Own Dirty Laundry
Read full article →zerohedgeLow91d ago
"Enough Is Enough": David Tepper Slams Whirlpool For Value Destruction In "Scathing" Letter
"Enough Is Enough": David Tepper Slams Whirlpool For Value Destruction In "Scathing" Letter David Tepper, the billionaire behind Appaloosa Management, blasted Whirlpool’s board in a sharply critical letter, accusing the appliance maker of eroding shareholder value and demanding a strategic reset, according to CNBC, who viewed the letter. Tepper said he watched with “a certain astonishment” as Whirlpool moved ahead with what he described as a sizable and avoidable equity issuance...
By Tyler Durden
Read full article →Coverage Timeline
First report: zerohedge · 25 Feb, 14:45|Full coverage: 2 · 39m|Window: 39m
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