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Icahn raises stake in Herbalife

November 4, 2016 by · Leave a Comment 

(Reuters) – Activist investor Carl Icahn has raised his stake in Herbalife Ltd to 23.1 percent as of Nov. 3, according to a regulatory filing on Thursday. Icahn had reported a 20.78 percent stake in the company in August. ( Herbalife said on Tuesday that Chief Executive Michael Johnson would step down next year and be replaced by Chief Operating Officer Richard …

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Icahn raises stake in Herbalife

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