In the 13D filed with SEC on Feb 14, Carl Icahn made a couple of harmless remarks about Herbalife Ltd. (NYSE:HLF) including, The Reporting Persons intend 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. New information reported by CNBC’s Jane Well says that KPMG’s partner said in an email to his friend that, ” Herbalife was going private”. Now this implies, as correctly pointed out by Tyler Durden at ZeroHedge , that Carl Icahn was not just changing Herbalife’s board, but also making some efforts…
Emails Hint That Herbalife Could Be Planning to go Private
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.