It's payback time. Billionaire hedge-fund activist Dan Loeb — whose dislike of fellow hedgie Bill Ackman goes back to a soured 2008 investment — stormed into the battle between Ackman and Herbalife by announcing yesterday that his Third Point fund has taken a 8.24 percent stake in the company. The…
The post Hedgie's Herbalife bet counters Ackman short appeared first on The NEW Hollywood Video.
No comments:
Post a Comment