29 Aug 2016 Carl Icahn’s Apparent 360 on Herbalife Could Have Used More Transparency ( Portfolio )

....on Friday the Journal reported that Mr. Icahn had discussed selling his Herbalife stake to a group including Mr. Ackman. Later that morning, Mr. Ackman confirmed on CNBC that he had been contacted about putting together such a deal. As the share price plunged on the news, Mr. Icahn quietly made his purchases.