March 1st, 2007 at 5:11 pm
HT: Club for Growth
The blog of Foreign Policy magazine reports that in his fall 2006 SEC filing, George Soros bought 2 million shares of Halliburton for $62.6 million. HAL has shares outstanding of 1.01 billion, so a corporate takeover isn’t likely yet.
While Kellogg, Brown, and Root (KBR), the government and construction branch of HAL that leftists normally hate, has been partially spun-off from Halliburton, the split that begun in November 2006 is not complete yet. The article doesn’t say whether Soros bought into HAL before or after the 20% sale of KBR.
I don’t speak for the company, but I’d be happy to take his money. Here’s hoping we don’t give him the opportunity to sell us short. ![]()
