Herbalife Convertibles: The Hedgers Are Getting Nervous |
| March 12, 2014 | March 2014 Bond Updates |
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Well, it might be happening with Herbalife. Or at least, it might be starting. The company is being investigated by the Federal Trade Commission, and while it’s putting on a brave face publicly, management cannot be happy with these latest developments. As I write this the stock is down about 8% on the day. Bill Ackman, who has claimed the company is an illegal pyramid scheme that will eventually be shut down, has to like what he is seeing. |
| View more at: http://www.forbes.com/sites/billfeingold/2014/03/12/252/ |
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