Icahn buys 14 million shares in Herbalife, eyes options for company

Comments (1)
Harry079 wrote:

“Icahn said he wants to meet with Herbalife’s management “regarding the business and strategic alternatives to enhance shareholder value, such as a recapitalization or a going-private transaction.”

I don’t know but wouldn’t it been a better idea to meet with Herbalife before buying all those shares?

There was a similar thing going on in the not so distant past with another company that most people didn’t understand their business model.

I think it was called ENRON.

Back in the 80′s Herbalife used to run these 1.5 hour info-mercials on cable at 3 in the morning. They would shows thousands of Herbalife people in a arena with a big screen and people testifying how they became rich selling Herbalife.

Since Herbalife is in over 100 countries now maybe they just haven’t run out of people to believe the Herbalife story.

Feb 14, 2013 9:47pm EST  --  Report as abuse
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