Shirtless Shark's Hedge Fund Makes Push For Tablet Maker

WSJ’s Stephanie Gleason reports on Greg Norman’s hedge fund ("The Great White Shark") making a push to buy a bankrupt manufacturer of Nabi children’s tablet.

I know what you’re thinking…how did living icon of his own brand come up with that clever name? Or…Greg Norman has a hedge fund?

Anyway, WSJ says a bidding war is in order..

The tablet maker selected the fund, an investment arm of Mr. Norman’s sprawling Great White Shark Enterprises, lead bidder for its business at a hearing in U.S. Bankruptcy Court in Wilmington, Del. The fund has also agreed to finance Fuhu’s bankruptcy case with a bankruptcy financing package.

The entry of Mr. Norman’s fund sets the stage for a bidding war over Fuhu, whose lawyers spent most of Wednesday in court fighting for the right to conduct an auction at all.

To prep for his hedge fund’s battle, Shirtless Shark made a few year-end Instagram posts (here and here) doing what he loves most: posing shirtless.

Oh, and he prepped by reading Malcolm Gladwell’s Outliers. Or pretending to read it. Very 2008 of you, Shirtless Shark!