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Pershing Square Holdings(LSE: PSH). PSH is an investment trust a fund that sells its shares, just as other listed companies do. There are 300+ trusts listed in London, but PSH interests me most. This Guernsey-registered investment trust tracks the Pershing Square Capital Management hedge fund. This is run by US billionaire Bill Ackman. In the secretive world of hedge funds, Ackman is renowned for making
Icahn Sells Remaining Stake in Herbalife
Activist investor Carl Icahn disclosed that he sold the rest of his holding in Herbalife Nutrition.
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Shares of the Los Angeles company closed up Thursday 4.53% to $49.63.
Icahn and his affiliated entities disclosed that he and Icahn Offshore, Icahn Capital, IPH, Icahn Enterprises Holdings, Icahn Enterprises GP may be deemed to beneficially own, in the aggregate, zero shares of Herbalife Nutrition following sales that were transacted over the period of April 28 to May 6, the filing said.
Herbalife said in a statement that Carl has been a supportive investor for many years, having based his significant position in our Company on extensive research and a thorough analysis of our business.
Opening Bell: 4.29.21
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Apr 29, 2021
National Institute of Allergy and Infectious Diseases (NIAID), National Institutes of Health (NIH), Public domain, via Wikimedia Commons
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