Bill Ackman's Not Sure Everyone's Heard, But He's A Bit Bearish On Herbalife

If you haven't, it's cool, you'll hear more tomorrow, as it's a day that ends in 'y'.
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Bill Ackman, the CEO of $13 billion Pershing Square Capital, is hosting a webcast on Tuesday morning to attack Herbalife, his infamous short position. The webcast will feature a video called “The American Dream Denied.” It will air at 11:30 AM ET...For more than three years, Ackman has been crusading against Herbalife, a multi-level marketer that sells nutritional shakes and weight-loss products. In late December 2012, Ackman publicly declared via a 342-slide presentation that he was short $1 billion worth of Herbalife. [BI, earlier]

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