Description: In the wake of the bombshell announcement that Daniel S. Loeb’s Third Point has taken an 8.9 percent stake in Herbalife after the company’s shares were shorted by William A. Ackman of Pershing Square, the question is: Which very rich hedge fund manager is right?
Date: Jan 10, 2013
Questions for Discussions:
- Summarize the arguments presented by each side.
- What do you believe is really the case for Herbalife?