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Carl Icahn buys more Herbalife shares worth $18.5 million

Carl Icahn bought even more shares of Herbalife.

According to a Friday filing, the billionaire investor purchased 306,846 shares on Aug. 31 at $60.39 per share, valuing the trade at more than $18.5 million.

The stock gained slightly in extended trading on light volume.

Last Friday, the chairman of Icahn...