Entrepreneurs Philip Falcone

  • With the U.S. farm sector drowning in supplies that have depressed crop prices, the Ohio- based agribusiness said it was better off remaining a "standalone entity" than selling to the holding company run by former hedge fund manager Philip Falcone. HC2's takeover offers "represent an opportunistic attempt to acquire the company at a low point in the industry...

  • NEW YORK, May 18- Andersons Inc, an Ohio- based grain merchant set up about 70 years ago as a truck terminal, has rejected a $1 billion hostile takeover bid from HC2 Holdings Inc, a company run by former hedge fund manager Philip Falcone. It also has stakes in four ethanol plants which it manages in Michigan, Indiana, Ohio, and Iowa; leases and manages a fleet of more than...

  • May 18- U.S. grain handler Andersons Inc said it rejected a takeover bid from HC2 Holdings Inc for about $1 billion in cash, calling the bid "opportunistic." "We believe HC2's proposals ignore our value and prospects as a standalone entity and represent an opportunistic attempt to acquire the company at a low point in the industry cycle," Chairman Mike Anderson said...

  • Former hedge fund manager Phil Falcone

    Andersons on Wednesday rejected a $1 billion all-cash offer from HC2 Holdings, a company run by former hedge fund manager Philip Falcone.

  • **A media report suggested that China's GAC was considering making an offer for a majority stake in the Italian-American carmaker Fiat Chrysler Automobiles. **China's Midea Group said it offered to buy German industrial robot maker Kuka AG for 115 euros a share in cash to expand its know-how in robotics for general industry and logistics applications.

  • May 17- HC2 Holdings Inc, a company run by former hedge fund manager Philip Falcone, said on Tuesday it has made a bid to buy U.S. grain handler Andersons Inc for about $1 billion in cash. "As a public company, we like where we're at," CEO Patrick Bowe said in an interview. HC2's offer of $37 per share represents a 42 percent premium to Andersons' closing price on Tuesday.

  • Richard Handler, chairman and chief executive officer of Jefferies Group Inc.

    Jefferies is backing a former senior SAC executive despite its own struggle with insider trading at an internal hedge fund.

  • Phil Falcone.

    The head of Harbinger Group had a miserable 2013 that culminated with him agreeing to an $18 million settlement with the SEC.

  • Philip Falcone

    Federal regulators are suing hedge fund manager Philip Falcone and his firm, accusing him of civil fraud for using fund money to pay his taxes and favoring some fund customers at the expense of others.

  • Breaking News: SEC Charges Philip Falcone

    The SEC is charging Philip Falcone & Harbinger Capital with securities fraud, reports CNBC's Tyler Mathisen.

  • Harbinger Fund Manager Falcone Hints at IPO

    CNBC's Kate Kelly reports on the details of Harbinger fund manager Philip Falcone's comments regarding a potential IPO and regulatory policies.

  • Sprint Nextel_200.jpg

    The wireless carrier ended its hosting agreement with start-up LightSquared, because regulators say it interferes with GPS navigation devices.

  • FCC Blocks Falcone's LightSquared

    The FCC has blocked a plan by LightSquared to build a new wireless network. Discussing what a LightSquared failure could mean to billionaire hedge fund manager, Philip Falcone, with Greg Zuckerman, Wall Street Journal.

  • Many of the world’s most powerful hedge fund managers are gathering under one roof this fall for the much-anticipated  conference in Manhattan. The hot topic on the agenda – apart from emerging markets, credit yields, and commodities futures – will be to see who’s really delivering alpha. The metric used to measure a portfolio manager’s added value; “Alpha” is also a way for managers to size each other up. Alpha is all about outperforming your benchmark, be it the volatile stock market, or simpl

    Many of the conference attendees are considered industry icons for outperforming their peers. Click to see the Hedge Fund elite, and how much money they’re managing.