Icahn out, Halbower in

In the week that Carl Icahn announces he is returning outside money, Matt Halbower of Pentwater embarks on a new activist situation.  Halbower is a Harvard Law educated arbitrage, activist, and event-driven investor who uses his legal chops to find situations where there is potential value often through strategies that are in some way legal driven or where the markets are misreading some situation.  I have absolutely no opinion on the merits of the current situation, but Halbower is someone talented to follow if you are interested in investing.