Company News, Financial News

Herbalife Has a Big Fan

Stiritz boosts stake in company.

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By: TOM BRANNA

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Even $200 million in paper losses hasn't deterred Herbalife's biggest shareholder from increasing his stake in the direct seller. Post Holdings Executive Chairman Bill Stiritz has added to his 8.2% position in Herbalife during the stock's recent pullback, according to a report from CNBC's Scott Wapner. Wapner, citing sources, also reported that Stiritz hasn't sold a share of his stake in the company. Earlier this month, Business Insider's Julia La Roche report...

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