The besieged health supplements company said on Monday that it had renegotiated its agreement with Carl C. Icahn, allowing its biggest shareholder three additional seats on the board, which would bring his representation to five seats….
Herbalife will nominate Hunter C. Gary, Jesse A. Lynn and James L. Nelson for election to its 13-member board at its annual meeting in Los Angeles on April 29. Mr. Gary and Mr. Lynn are employees of Icahn Enterprises, while Mr. Nelson is an independent director of Icahn Enterprises.
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Carl and Bill take their fraught bromance where it belongs: to the moon.
The Barolo Imbroglio: A Carl Icahn-Bill Ackman Story
Finance's favorite catfighting frenemies are back!
Carl Icahn vs Bill Ackman Is Back On With The Fury Of 10,000 Herbalife Shakes
And just when they were getting along so well.
Carl Icahn Has Chosen Trolling Bill Ackman Over Making Money
He can't take it with him...but neither will Bill.
Company That Was Perfect When Carl Icahn First Invested Now Even More So
So perfect, in fact, that it has no more need of Carl Icahn, nor he of it.