CNBC’s Herb Greenberg reports that T2 Partners co-founders Whitney Tilson and Glenn Tongue are parting ways. Tilson will remain with T2 Partners and Tongue will start his own fund, CNBC reported citing a note from Tilson.
T2 Partners sold most of its stocks in preparation for this transition, CNBC reported.
UPDATE: Market Folly just Tweeted “In T2 “breakup” letter, Tilson says “I will adopt a much lower public profile and let my investment returns speak for themselves.”
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