Bill Ackman and his wife bought a 4.9% stake in the Tel Aviv Stock Exchange

Billionaire Bill Ackman sent a demand letter to Axel Springer, the outlet's owner, challenging Business Insider's ethics and reporting. Ackman: Business Insider has been accused of being unethical in its reporting. He says he is concerned about the ethics of the outlet and ethics of reporting.

Billionaire Bill Ackman and wife Neri Oxman buying 4.9% stake in Tel Aviv Stock Exchange. Billionaire hedge fund manager and his wife have approximately a 4. 9% equity stake in the TASE. TASE is the largest Israeli stock exchange in the world.