Reginal Thomas
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Soros and Paulson Reveal Stakes In FedEx

George Soros and John Paulson two high profile billionaire investors revealed today they followed Daniel Loeb's lead by taking stake in FedEx Corp. in the last quarter. Soros' Soros Fund Management LLC acquired 1.52 million shares valued at $173 million. Paulson & Co. bought 646,800 shares valued at $73.8 million during the same quarter. Earlier this week Daniel Loeb revealed his Third Point LLC. was holding a $228.2 million dollar stake in FedEx.