Android app on Google Play

Icahn Pokes Fun at Ackman on Herbalife (HLF)

November 22, 2013 12:14 PM EST Send to a Friend
Carl Icahn appears to have taken exception to Bill Ackman's "octogenarian billionaires" comments on Herbalife (NYSE: HLF) today.

In a conversation with Bloomberg TV's Trish Regan after Ackman's Bloomberg TV interview, Icahn said:

"I fail to understand how Bill Ackman, whom I haven’t spoken to for years, nor do I intend to speak to, would know what I am or am not committed to. I continue to believe Herbalife has a great future, and in my opinion many of the things Ackman says about it are simply the rantings of a sore loser... Interestingly there is something that Ackman and I have in common. Ackman complained at an Oxford conference that every time I went on TV and mentioned Herbalife, the stock went up a few points. Well, that's also true of him."

Shares of HLF are up 5% today to $71.85.

You May Also Be Interested In

Related Categories

Hedge Funds, Insiders' Blog, Trader Talk

Related Entities

Carl Icahn, William Ackman

Add Your Comment