Ackman’s Pershing Square Not Backing Down from Herbalife Short

March 31, 2017   Stephen Taub

The activist sold Valeant but is keeping his other high-profile losing investment.

Now that Bill Ackman has unloaded his huge losing stake in Valeant Pharmaceuticals International, is he going to finally close out his losing, high-profile negative bet on Herbalife? After all, since his epic 3.5-hour, 334-slide public case for shorting the …

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