“Fox Business’ Charles Gasparino reported that Herbalife Ltd. (HLF) executives are apparently becoming a bit uncomfortable with Carl Icahn’s interest in their company. He has a history of being involved in corporate shakeups, and a source has apparently told Gasparino that the company’s executives are worrying and wondering about what he might do.
Herbalife Ltd. (NYSE:HLF) executives are apparently starting to become concerned about what activist investor Carl Icahn’s intentions are in sticking up for the company. Fox Business’ Charles Gasparino had the exclusive new details.
Icahn initiated a long position in Herbalife Ltd. (NYSE:HLF) in January, going head to head with fellow activist investor Bill Ackman, who gave an extensive short thesis on the stock in December and called the company a pyramid scheme. Icahn now has a 15 percent stake in the controversial nutritional supplement company and is able to appoint two directors to the company’s board and also increase his stake in the company to 25 percent…..”
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