Icahn has bought more Herbalife shares: CNBC

Billionaire investor Carl Icahn told CNBC late Friday he has “bought another 2.3 million shares” of Herbalife Ltd. , the latest in a tug of war between Icahn and fellow billionaire investor Bill Ackman over the nutritional-supplement company. Earlier Friday, The Wall Street Journal reported Icahn recently discussed selling his Herbalife stake to a group of investors including Ackman. The report cited people familiar with the matter. Shares of Herbalife gained 4.1% in late Friday trading after ending the regular session down 2.3%.

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From:: Stock Market News

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