Carl Icahn will also have permission to raise his stake in the company from 13,6 percent to 25 percent.
“We have a good rapport with the company. We like them.” Billionaire Carl Icahn told in the interview with Bloomberg TV
Herbalife’s chairman Michael A. Johnson said in his statement: “We appreciate the Icahn Parties shared views on the inherent value of Herbalife’s operation, products and future prospects.
Icahn disclosed holding a stake in Herbalife after Bill Ackman took a public bet against the company.
View the interview from Bloomberg TV
hedge-fund-comFirst, hedge fund hot shots Bill Ackman, Carl Icahn and Daniel Loeb tussled publicly over whether Herbalife Ltd. (HLF) is a pyramid scheme. Now their names are popping up online in ominous-sounding domain names, including “therealcarlicahn.com” and “therealdanielloeb.com.”
Hedge fund fight – Carl Icahn Dishes Bill Ackman Carl Icahn, reviving a decade-old feud with hedge fund manager Bill Ackman, said the founder of Pershing Square Capital Management LP is taking “inordinate” risks in a wager against Herbalife (HLF) Ltd. disclosed last year. Carl Icahn, who spent more than seven years wrangling with Ackman […]
Hedge fund titans Dan Loeb and Bill Ackman have taken opposite positions on Herbalife. Two hedge fund managers both known for their smack talk and stirring up scandals are going against each-other. Dan Loeb and Bill Ackman have taken opposite positions on Herbalife – both have their supporting arguments