Bloomberg: Chirag Saraiya on “Herbalife Ripens for Suitors Dismissing Ackman: Real M&A”
http://www.bloomberg.com/news/2014-02-24/herbalife-ripens-for-suitors-dismissing-ackman-real-m-a.html
By Brooke Sutherland and Duane D. Stanford
For suitors willing to bet Bill Ackman is wrong, Herbalife Ltd. (HLF) is a prime candidate for a buyout.
Ackman’s assertions that Herbalife is a pyramid scheme pit him against company backers including Carl Icahn and Bill Stiritz, chairman of Post Holdings Inc. Stiritz, the fourth-largest holder, said last year he’d support...