Home>Topics>>UPDATE 1-Ackman likens Herbalife to company closed by regulators

UPDATE 1-Ackman likens Herbalife to company closed by regulators

Reuters: Non-Cyclical Consumer Goods

Thu, 14 Mar 2013

BOSTON, March 14 (Reuters) - Hedge fund manager William Ackman said on Thursday that Herbalife Ltd, the nutritional supplements company he is betting against, was like another multilevel marketing company that U.S. regulators shut down in January.

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