Tuesday, 29 January 2013

Wall Street Oasis - Investment Banking & Finance Community: Herbalife Registers Bill Ackman-Related Domains

Wall Street Oasis - Investment Banking & Finance Community
The Wall Street Finance Community where investment bankers, consultants, traders, private equity and hedge fund professionals come to learn and play.
Herbalife Registers Bill Ackman-Related Domains
Jan 30th 2013, 06:00

Herbalife

I really don't know why they've decided to do this, and it's quite shady to me as Ackman mentioned... but he ended up the hypocrite registering some of his own domain addresses about Herbalife. I'm not sure this whole crusade could get any weirder, but I'm slowly siding more and more with Ackman on this one, especially after the Icahn battle which blatantly neglected any fundamental discussion of the business.

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Herbalife Ltd. (HLF), the nutrition company that hedge-fund manager Bill Ackman has called a pyramid scheme, has registered several domain names that include the activist investor's name.

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