PSHZF - Bill Ackman-Axel Springer Controversy Brews: Business Insider Faces Editorial Review Over Accusations Related To Plagiarism Report | Benzinga
Following recent objections by billionaire hedge fund manager Bill Ackman concerning a Business Insider article accusing his celebrity academic wife, Neri Oxman, of academic plagiarism, Axel Springer, Business Insider parent, is reportedly reviewing the process and motivations behind the article.
Bill Ackman is behind the Pershing Square Capital Management Fund (OTC: PSHZF).
This move contrasts Axel Springer's historical hands-off approach to editorial control since acquiring Business Insider nine years ago.
Through a series of posts, Bill Ackman expressed concerns to a BI director, urging the retraction of the article pending an investigation,