Carl Icahn Buys More Herbalife; Ups Stake To 17M Shares

According to a recent Form 4 filing with the SEC, billionaire and activist investor Carl Icahn bought another 33,515 shares of Herbalife Ltd. (NYSE:HLF) on February 26 at a price of $66.4 taking the total amount beneficially owned to 17,000,000 shares. Icahn has kept his long position in Herbalife Ltd. (NYSE:HLF) mostly intact, while Soros Fund Management, another big investor in the company, is reported to have trimmed its holdings after the stock appreciated 60% from the fund’s entry point. Carl Icahn on the other side of Ackman’s short bet on HLF Bill Ackman has alleged that Herbalife Ltd. (NYSE:HLF)…