We now know how Carl Icahn’s Herbalife sale fell through
|09/19/2016||Posted by BusinessMediaguide.Com under General World News||
We now know how Carl Icahn’s Herbalife sale fell through, thanks to a report by Michelle Celarier at Fortune.
Icahn and Bill Ackman have had a long-running feud over Herbalife, the nutritional supplements company. Ackman is short the position, Icahn is long. Their battle came to a head earlier this summer, when the Wall Street Journal reported that Icahn was shopping around Herbalife shares.
Since then, Icahn has skirted around confirming the story, and as recently as last week, avoided a question on it during his interview at the Delivering Alpha hedge fund conference in New York.