Opening Bell: 10.03.13

From Dealbreaker
October 3, 2013 - 9:30am

Ackman Tries Safer Herbalife Mix (NYP) The investor titan converted 40 percent of his $1 billion equity short on Herbalife to less-risky long-term put options, according to a letter his Pershing Square hedge fund sent late Wednesday to investors, The Post has learned. β€œThe restructuring of the position preserves our opportunity for profit,” wrote Ackman… Continue reading »Follow Dealbreaker on Twitter or become a fan on Facebook.    

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