Chapman Says He Sold or Hedged Herbalife Position

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Feb. 15 (Bloomberg) -- Robert Chapman, founder of Chapman Capital LLC, talks about the battle between Bill Ackman and Carl Icahn over Herbalife Ltd. and his investment strategy for the shares. Icahn reported a 13 percent stake in Herbalife yesterday, a disclosure that came almost two months after Ackman said he had sold short 20 million shares of the nutritional supplements company. Chapman speaks with Deirdre Bolton on Bloomberg Television's "Money Moves." (Source: Bloomberg)