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Bill Ackman Demands Axel Springer to Sell Business Insider Amid Plagiarism Dispute

The dispute centers on articles accusing Ackman's wife, Neri Oxman, of plagiarism, leading to a 77-page demand letter threatening legal action.

  • Billionaire hedge fund manager Bill Ackman intensifies his dispute with Business Insider, demanding its parent company, Axel Springer, sell the publication or reform its journalistic practices.
  • Ackman's demand follows a series of articles by Business Insider accusing his wife, Neri Oxman, of plagiarism in her 2010 doctoral dissertation.
  • Ackman defends Oxman, dismissing the accusations as unfounded and motivated by his public stances, including support for Israel and criticism of former Harvard president Claudine Gay.
  • Ackman's 77-page demand letter to Axel Springer threatens future legal action while aiming to avoid litigation by proposing a resolution.
  • Business Insider and Axel Springer stand by their stories, denying any ethical lapses in reporting and publication.
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