Pink Sheet is part of the Business Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Whitney and Herbalife

This article was originally published in The Tan Sheet

Executive Summary

Whitney V L.P. proposes an acquisition of all of Herbalife's outstanding common stock for $38 per share in cash, according to a Feb. 2 Herbalife release. Herbalife says Whitney and its related parties own an aggregate of approximately 27% of Herbalife's outstanding common stock. The Los Angeles-based firm established a special committee to examine the acquisition proposal. "The special committee has not determined that a transaction is in the best interests of Herbalife and its stockholders or that Herbalife should not continue as an independent public company." The firm also says there is "no assurance" Herbalife will enter this or any other transaction...
Advertisement

Topics

Advertisement
UsernamePublicRestriction

Register

PS100218

Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel