Carl Icahn Unloads More Than Half His Herbalife Stake
Activist investor Carl Icahn has sold over 50% of his stake in Herbalife back to the company for $600 million. He also gave up the five seats on the board that his representatives filled. After the transaction closes, Icahn Enterprises will own about 8 million shares of Herbalife, which amounts to an approximately 6% stake. […] The post Carl Icahn Unloads More Than Half His Herbalife Stake appeared first on ValueWalk .
Carl Icahn Unloads More Than Half His Herbalife Stake
Activist investor Carl Icahn has sold over 50% of his stake in Herbalife back to the company for $600 million. He also gave up the five seats on the board that his representatives filled. After the transaction closes, Icahn Enterprises will own about 8 million shares of Herbalife, which amounts to an approximately 6% stake. […] The post Carl Icahn Unloads More Than Half His Herbalife Stake appeared first on ValueWalk .