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  • Maureen Farrell

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Bill Ackman Abruptly Withdraws Planned I.P.O.

The announcement came a day after he had scaled back the expected size of the offering.

Bill Ackman Scales Back Multibillion-Dollar Fund I.P.O.

An investment fund from William Ackman aims to raise around $2 billion, according to a regulatory filing, a fraction of what was originally envisioned.

Starwood REIT, Facing a Possible Cash Crunch, Limits Withdrawals

Starwood Real Estate Investment Trust is restricting what investors can redeem rather than sell its properties to raise cash.

What’s BlackRock Without Larry Fink? Shareholders Fret About Future.

Investors in the world’s biggest asset manager are asking how much more room it has to grow and who will drive that growth once its...

Famously Obstinate, Bill Ackman Is Now Real-Life Famous. What Next?

The hedge-funder who loves a public crusade — and taking charge — is on to a new stage of his career: online warrior.

A Pre-I.P.O. Gift to Company Executives: ‘11th-Hour Options Discounting’

A new research paper finds that companies price stock options at steep discounts just before going public and take steps to obscure them.

Years After Monsanto Deal, Bayer’s Roundup Bills Keep Piling Up

Juries recently awarded plaintiffs more than $2 billion in damages tied to Roundup, the weedkiller that has been linked to cancer. Bayer is fighting back.

Warring Billionaires, a Rogue Trader, a Divorce: One Hedge Fund’s Tale of Woe

Two Sigma, the $60 billion quantitative trading firm, has been beset by troubles this year that have tarnished its image and could hurt its future.

Davis Polk Rescinded Job Offers for Columbia and Harvard Students, but It May Reverse Itself

Davis Polk said the potential hires were members of student groups that had issued statements condemning Israel. But it also said it was reconsidering because...

A ‘Shadow’ Lending Market in the U.S., Funded by Insurance Premiums

Apollo was the first to use annuities to build a major financing business. Others followed, driving the growth of the private lending market and worrying...