Whitney Tilson, Glenn Tongue Parting Ways -CNBC Netflix NFLX

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Whitney Tilson, Glenn Tongue Parting Ways -CNBC

T2 Partners fund managers Whitney Tilson and Glenn Tongue will end their partnership, CNBC reported Thursday. Tilson will stay on at T2 Partners, while Tongue will start his own fund, the report said. In a letter to investors, Tilson said T2 sold most of its stocks in preparation for the transition, including shares of Goldman Sachs Group Inc. (GS), Berkshire Hathaway Inc. (BRKA), J.C. Penney Co. (JCP), American International Group Inc. (AIG) and Netflix Inc. (NFLX), CNBC reported. Website www.cnbc.com Write to nymonitoring@dowjones.com Subscribe to WSJ: http://online.wsj.com?mod=djnwires

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Whitney Tilson, Glenn Tongue Parting Ways -CNBC