- 07 May 2014 at 3:36 PM
Uncle Carl is loving the totally legitimate diet-shake company’s $266 million share buyback. Bill Ackman hasn’t weighed in on the racist pyramid scheme’s move, but it is safe to say he’s not impressed.
Herbalife, the nutrition company that hedge fund manager Bill Ackman has accused of being a pyramid scheme, got a vote of confidence in the buyback plan last month from Carl Icahn, its largest shareholder. Icahn, who owns about 17 percent of Herbalife, called the dividend decision a “great move” on his Twitter account, saying it “confirms confidence in the future.”
- Carl Icahn, Bill Ackman Still Agreeing To Disagree, Re: Herbalife May 7, 2014
- Hedge Fund Manager Keeps A Detailed Record Of All The Asses He's Grabbed September 17, 2014
- Harvard Professor Been Waiting 39 Years To Nail Lloyd Blankfein To The Wall September 18, 2014
- Opening Bell: 09.19.14 September 19, 2014
- Tom Brady Could've Been The Tom Brady Of Merrill Lynch September 18, 2014
- Call The (Alibaba) Close (UPDATE) September 19, 2014
- Hedge Fund Sorry Former Managing Member Was Such A Cliché Vis-à-Vis Fraud September 19, 2014
- Bank Of America's Attempt To Get Out Of 99th Billion Dollar Fine Probably Unsuccessful September 19, 2014
- Sex, Shoe Bonuses For Interns NBD At UBS (Update) September 15, 2014
- Man Posting Photos Of Near-Naked Women To Instagram Amazingly Has Lots Of Followers September 17, 2014
- Executive Editor
- Bess Levin
How Can We Help You?
- Send tips to:
- For tech issues email:
- For advertising or events email:
- For research or custom solutions email:
- Dealbreaker is published by Breaking Media.
For a full list of our sites, services and staff visit breakingmedia.com