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Wednesday, 26 November 2014

Herbalife $2.9bn buyout looks cheeky

Lose weight now, ask me how

Investors are showing their gumption by resisting lowball MBOs. Rejecting Whitney s $2.9bn offer for the diet pillmaker is a no brainer. The offer from the private equity firm run by Herbalife s chairman came below the stock s price in January before a profit warning.



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