The Wall Street Journal: Icahn sells more than half of his stake in Herbalife

Carl Icahn sold over half his stake in Herbalife Nutrition Ltd. and is relinquishing his seats on the nutritional-supplements company’s board, taking a step back from a long-time investment he fiercely defended against an onslaught from rival activist investor William Ackman.

Carl Icahn sold over half his stake in Herbalife Nutrition Ltd. and is relinquishing his seats on the nutritional-supplements company’s board, taking a step back from a long-time investment he fiercely defended against an onslaught from rival activist investor William Ackman.