Billionaire David Tepper sends furious letter to Whirlpool: here’s why
Billionaire hedge fund manager David Tepper has taken his frustration with Whirlpool public after the appliance maker moved to raise fresh equity, a step that dilutes existing shareholders. Tepper’s Appaloosa disclosed a near 10% Whirlpool stake last fall, but more recent filings show that position is smaller, highlighting how quickly the trade has shifted from
