Icahn Requested to Buy Up to 50% of Herbalife (HLF)

September 13, 2016 5:40 PM EDT

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Carl Icahn said at CNBC's Delivering Alpha that he's requested to buy up to 50% of Herbalife (NYSE: HLF) with the FTC. He currently has authorization to buy up to 35%.

Icahn said no way a professional would want to be short the stock with such high short interest and long stock in strong hands.

Further, Icahn said he thinks Herbalife is a candidate to go private and would be better off going private.

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