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Herbalife’s buyout hopes dim

Investors betting on an Herbalife buyout shouldn’t hold their breath.DA Davidson analyst Tim Ramey said a potential purchase of the controversial maker of protein shakes is “much more difficult” after the company’s auditor resigned this week over an insider-trading scandal. Buyout speculation has helped keep the stock… …read more
Source: NY Post

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Posted by on April 15, 2013. Filed under Business News,Health / Sports. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.