Breaking Finance News

BREAKING- Soros’ Herbalife Position May Be Old News (HLF)

A report in the Financial Times is stating that George Soros, whose money is managed by East Side Capital, has had a 3 percent stake in Herbalife (NYSE: HLF) for at least 3 years.

The report goes on to say that it’s unlikely that Soros cares about the hedge fund battle waging in Herbalife.

“Soros, of course, spends most of his time helping to educate central Europeans or galvanise Africans, rather than waving his proverbial at other big-name New York hedgies.”

Earlier today, we reported news from CNBC that George Soros had amassed a large long position in Herbalife.

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Disclosure: At the time of this writing, the author had no position in the company mentioned.

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