Icahn explored selling Herbalife stake to group that included Ackman: WSJ

August 26, 2016 1:43 PM

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Billionaire investor Carl Icahn was lately in talks to sell his stake in nutritional supplement maker Herbalife Ltd to a group that included hedge fund manager Bill Ackman, the Wall Street Journal reported.

Investment bank Jefferies Group has been on the hunt for about a month to find buyers for Icahn's 18.3 percent stake in Herbalife, the Journal said, citing people familiar with the matter. (http://on.wsj.com/2bMkIA0)

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