Why Bill Ackman Is Targeting Herbalife (VIDEO)

billakmanherbalifeSource:  Maureen Farrell / CNN Money It’s an epic corporate showdown. Hedge fund manager and activist investor Bill Ackman versus vitamin and nutritional supplements company Herbalife (HLF). Ackman, who runs the $11 billion hedge fund Pershing Square, has called Herbalife a pyramid scheme and publicly said that he’s betting $1 billion that its stock will fall to zero. [...]

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Published on January 08, 2013 07:51
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