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...
You may also be interested in...
Daiichi's Novel EZH Candidate Moves Ahead With New Consortium Trial
Japanese major links with new partners in European consortium to progress first-in-class molecule for multiple hematological malignancies.
Biden Launches Effort To Strengthen US Pharmaceutical Supply Chain
Executive order calls for short-term and long-term study, broad consultation, coordination with allies.
Cosmetic And Personal Care Trademark Review 23 February, 2021
Personal care and cosmetic product trademark filings compiled from the Official Gazette of the US Patent and Trademark Office, Class 3.
Need a specific report? 1000+ reports available
Buy Reports
Register for our free email digests: