Icahn sells more than half of his stake in Herbalife
January 03, 2021 at 21:17 PM EST
Carl Icahn sold over half his stake in Herbalife Nutrition Ltd. and is relinquishing his seats on the nutritional-supplements company’s board, taking a step back from a long-time investment he fiercely defended against an onslaught from rival activist investor William Ackman.