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Herbalife Investor Stiritz Says He’d Help an LBO

Bill Stiritz, the fourth-largest shareholder in Herbalife Ltd., said he’s willing to take part in a leveraged buyout of the company that would reward shareholders and help it fend off pyramid-scheme allegations.

Taking the nutrition company private was an option billionaire investor Carl Icahn said he would discuss with Herbalife’s management when he took a stake in the company earlier this year. Stiritz, who holds 5.3 percent of Herbalife, declined to say in an interview whether he’s in talks with Icahn, whose 17 percent stake makes him its largest investor.