Icahn

Icahn Dumps $600 Million In Herbalife Back To The Company, Will Surrender 5 Board Seats

About 8¬†years after Carl Icahn famously entered the Herbalife fray, spurring a short squeeze that helped decimate Bill Ackman’s now-infamous $1 billion short against the company, Icahn appears to be making his exit. Icahn reportedly will be selling $600 million worth of his stake back to Herbalife and, as a result, will be relinquishing his…