Falcone Crest: Spotted at Media General

April 2, 2008

bulls1.jpgWe poked a little fun at Harbinger Capital Partners honcho Phil Falcone for not being the most communicative guy when it comes to dealing with some of the companies that his hedge fund is busy badgering. Let us therefore be the first to tell you when he actually does show up.

Falcone takes raincheck on newspapers

March 20, 2008

stearns.jpgMost everybody in the U.S. newspaper publishing world knows Philip Falcone’s name nowadays, but it’s not entirely clear that he knows theirs. The Harbinger Capital Partners hedge fund manager’s notoriety comes from bankrolling efforts to secure large positions in the New York Times Co and Media General Inc, and then shake up the publishers by trying to get his own nominees elected to their boards.

Media General: We’re not the New York Times

March 19, 2008

The New York Times made its peace with hostile hedge fund Harbinger Capital Partners by nominating two members of its rival slate to its board, but a few hundred miles south in Richmond, Virginia, Media General declared war instead.