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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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From: 2MAR$2/14/2013 7:59:05 PM
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HLF Herbalife up 30% @ $47.50 after Icahn reports taking a 13% stake says Herbalife is a legitimate business with opportunities for growth & Third Point reports new stake in Herbalife

In a regulatory filing Icahn said his firm has concluded that that Herbalife has a legitimate business model, with favorable long-term opportunities for growth. Icahn intends to have discussions with management of the Issuer regarding the business and strategic alternatives to enhance shareholder value, such as a recapitalization or a going-private transaction.


Icahn says Herbalife is a legitimate business with opportunities for growth
In a regulatory filing Icahn said his firm has concluded that that Herbalife has a legitimate business model, with favorable long-term opportunities for growth. Icahn intends to have discussions with management of the Issuer regarding the business and strategic alternatives to enhance shareholder value, such as a recapitalization or a going-private transaction
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