How Ackman Team’s Meeting With Herbalife Was Torpedoed
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Despite waging a two-year campaign to destroy Herbalife Ltd., investor Bill Ackman and his team have never held a meeting with the nutrition company. That was supposed to change in December, until Ackman’s lawyer canceled.
The scrapped Dec. 17 meeting has now become another point of contention in an already-nasty feud. Herbalife has said the billionaire is refusing to hold discussions with the company, even though he publicly called for a meeting in November. Ackman released e-mails today saying his staff merely sought to reschedule.