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Herbalife buyback is scuttled

Herbalife has suffered a blow in its bid to beat back hedge-fund honcho Bill Ackman.
The controversial maker of protein shakes and supplements revealed yesterday that it was forced to shelve a big debt sale to fund a stock buyback program after losing its auditor.
KPMG resigned the Herbalife and… …read more
Source: NY Post

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Posted by on May 1, 2013. Filed under Business News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.