BREAKING: Icahn Refutes Ackman's Claim, Buys 2.3 Million More Shares In Herbalife
Carl Icahn issued a statement this afternoon about his stake in Herbalife Ltd. (NYSE: HLF). Icahn refuted Bill Ackman's earlier claims that he would sell, and announced he'd purchased 2.3 million additional shares of stock.
"I continue to believe in Herbalife," the statement said.
Read the full statement here. Herbalife shares were up 6.55% following the announcement.
Benzinga Professional broke news of an impending announcement seven minutes ahead of the release.
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