MLM News Weblog 
Herbalife Stock Soars on Buy Offer
MLM, Network Marketing and Home Based Business News
 Npros.com | New Companies | Home Based Business Directory | Rep Listings | MLM Leads | Classifieds





Herbalife Stock Soars on Buy Offer

Source: MarketWatch

"SAN FRANCISCO (MarketWatch) -- Shares of Amazon.com Inc. were active Friday evening as investors continued to digest the company's quarterly results, while shares of Herbalife Ltd. shot up 18% after the nutritional supplement maker said that it has received a buyout offer.

Shares of Herbalife jumped 18% to $39.16. The company said it has received an acquisition offer of $38 a share from Whitney V L.P. and its affiliates. The offer represents a 14.8% premium to the Herbalife's regular-session closing price of $33.10.

Whitney and its related parties already own roughly 27% of Herbalife's outstanding stock. Herbalife said it would review the offer but gave no assurances that it would accept it. "

 

Link: Herbalife Stock Soars on Buy Offer

Herbalife International Home Business Profile



Related News

Herbalife Launches Herbalifeline in India
Posted 11/27/2011
Herbalife Announces Record Third Quarter 2011 Results
Posted 11/1/2011
Herbalife Expands Nutrition Advisory Board
Posted 10/25/2011
Herbalife International Assisting Children In Vietnam
Posted 7/30/2011
Red Cross Makes Pact With Herbalife
Posted 6/20/2011
Herbalife India Introduces Two New Products
Posted 5/21/2011
Herbalife To Present At Goldman Sachs Symposium
Posted 5/12/2011
Herbalife Adds Barcelona To Football Challenge
Posted 5/12/2011
Herbalife Names New Advisory Board Member
Posted 4/7/2011

 

Npros Weblog
MLM, Network Marketing and Business Opportunity News

Weblog Archive

Work at Home
Directory Project


Receive the Npros.com XML/RSS news and
new company feed

Recent News:


News Archive

February
January