Sale To Icahn Off Table, Herbalife Tenders $600m Share Repurchase

Herbalife commences a $600m share repurchase after discussion with Carl Icahn to take the company private ended. The move intensifies the battle between Icahn and Bill Ackman, who has bet $1bn that the direct sales firm will fail.

Hand holds the magnifying glass in front of an open notebook. Among the many icons, attention is focused on the money icon. Financial operations, banking, lending, etc.

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