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. “The 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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