mining company
Andrew Forrest, the chief executive of the Perth based mining company Fortescue Metals Group (FMG) has announced on Monday that New York based billionaire Phil Falcone has offloaded as much as $400 million worth of Fortescue shares during May and June. Mr. Forrest reveled that the hedge fund of Mr. Falcone (Harbinger Capital) has sold more than 100 million shares if the miner although previously ensured that it would stay on the register.
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