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Carl Icahn, left, and William Ackman.
Carl Icahn, left, and William Ackman.
(STAFF/REUTERS)

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Ackman vs. Icahn an epic but pointless battle

William Ackman squaring off against Carl Icahn is an epic battle, but ultimately a pointless one. A decade-long personal feud between the New York billionaires erupted into public view again. Though it’s emblematic of their approach to investing and escapist fun for the financial community, the two men do play important roles in the markets. Their aggressions are better directed at supine boards than each other.