DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - PC Correct and Ultra Left Soros invests 64 million in Halliburton

**icerrelmCam** · 05-03-2007, 08:55 PM

ROFLMFAO!!!!

Yeah, he's buying a controlling interest...

There are ~ 1,060,000,000 shares of common Haliburton stock (http://stocks.us.reuters.com/stocks/...ments&period=Q)

Soros bought 1,900,000 shares.

0.2% is one heck of a controlling interest.

Matt

Halliburton has a market cap of 30 billion.
Soros is worth 8 billion, and he controls a lot of hedge funds, it's not inconceivable that he could put a leveraged buy out together.
And starting the effort by buying a couple of million shares is just how it would begin.

05-03-2007, 08:55 PM	#14
icerrelmCam Join Date Oct 2005 Posts 467 Senior Member	ROFLMFAO!!!! Yeah, he's buying a controlling interest... There are ~ 1,060,000,000 shares of common Haliburton stock (http://stocks.us.reuters.com/stocks/...ments&period=Q) Soros bought 1,900,000 shares. 0.2% is one heck of a controlling interest. Matt Halliburton has a market cap of 30 billion. Soros is worth 8 billion, and he controls a lot of hedge funds, it's not inconceivable that he could put a leveraged buy out together. And starting the effort by buying a couple of million shares is just how it would begin.
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