CEO of Pershing Square Capital Management Bill Ackman is planning to launch a “counterattack” on Herbalife Ltd. (NYSE:HLF) following statements made against Ackman during last week’s investor meeting, according to FOX Business Network (FBN) Senior Correspondent Charlie Gasparino. Gasparino went on to report that the counterattack “is next salvo is coming later this month or early February.”
On Bill Ackman planning a counterattack on Herbalife:
“What you hear now is an interesting behind the scenes battle going on. Ackman is still apparently in Burma or wherever he is scuba diving. He's going to plan a counterattack from the investor meeting last week. That counterattack from what I understand is next salvo is coming later this month or early February, that's what sources are saying."