Carl Icahn Keeps Buying More Shares Of This Company

It looks like Carl Icahn really wants to make a point to Bill Ackman. He just purchased another 306,846 shares of Herbalife Ltd. This is added to the 2.3 million shares he already purchased last week.

Billionaire activist and investor Bill Ackman stated to Squawk Box that Icahn was looking to sel his shares in Herbalife. He reportedly stated that Icahn considered selling his stake in Herbalife, worth approximately $1 billion.

It looks like Icahn is vehemently trying to prove these rumors wrong with how many shares he has added to his portfolio.

Disclaimer: We have no position in Herbalife Ltd. (NYSE: HLF) and have not been compensated for this article.

Sofia Vida

Sofia has been writing for major news outlets for over 15 years. In her spare time she enjoys hiking, walking her dogs, and going to concerts.

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