Icahn Wants to Buy More Herbalife (HLF), Doesn't Share Same Criticisms as Ackman
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Price: $12.54 +4.76%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.8%
Revenue Growth %: +4.0%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.8%
Revenue Growth %: +4.0%
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Carl Icahn is speaking on Bloomberg TV about Herbalife (NYSE: HLF) following this afternoon's disclosure. In part, Icahn says he "doesn't understand" Bill Ackman's criticism of Herbalife and he doesn't see the same problems.
He noted that he would also like to buy more of Herbalife stock, but he's not sure if he'd do so at this price.
In terms of the board nominees, Icahn noted that he has two of his top people there and he doesn't like to "micromanage."
Bill Ackman runs Pershing Square capital management and has been vocal about being short the stock recently.
Herbalife is up 5.5 percent following the announcement today.
He noted that he would also like to buy more of Herbalife stock, but he's not sure if he'd do so at this price.
In terms of the board nominees, Icahn noted that he has two of his top people there and he doesn't like to "micromanage."
Bill Ackman runs Pershing Square capital management and has been vocal about being short the stock recently.
Herbalife is up 5.5 percent following the announcement today.
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Carl Icahn, William Ackman, Pershing Square CapitalSign up for StreetInsider Free!
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