Dan Loeb Buys Herbalife, Morgan Stanley & Tesoro: Third Point Q4 Letter

(via www.marketfolly.com)

Let the battle begin.  Dan Loeb's hedge fund Third Point has started a long position in Herbalife (HLF), he revealed in his Q4 letter to investors.  He also filed a 13G with the SEC disclosing that Third Point owns 8.24% of the company as of January 3rd.

Loeb Long Herbalife

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