Icahn Makes $234 Million as Ackman Fails With Herbalife

Bill Ackman handed Carl Icahn a big reason to think fondly of the hedge-fund manager, a week after the two staged a public reconciliation over disagreements that stretch back a decade. Icahn, 78, made $234 million yesterday on his stake in Herbalife Ltd. (HLF), as a three-hour-plus presentation b…

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Icahn Makes $234 Million as Ackman Fails With Herbalife