Icahn Sells $600 Million Herbalife Stake, Gives Up Board Seats

(Bloomberg) -- Billionaire investor Carl Icahn will sell about $600 million-worth of his stake in Herbalife Nutrition Ltd., further winding down his holdings in the nutritional-supplements company after a tumultuous eight-year investment. © Bloomberg Carl Icahn. Herbalife has agreed to repurchase the shares from Icahn at $48.05 each, which was the...
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