For the first time, the multilevel marketing company, Herbalife Ltd. (NYSE:HLF) spent $1.34 million in 2013 on lobbying in Washington D.C. According to Michelle Celarier of the New York Post, the amount spent in 2013 dwarfs Herbalife Ltd. (NYSE:HLF)’s typical spending. Bill Ackman criticized Herbalife’s lobbying efforts Hedge fund manager Bill Ackman in a new letter to investors this week reiterated his position that the short position of his hedge fund in Herbalife Ltd. (NYSE:HLF) offers “extremely compelling and even greater assymetirc payoff than before because of substantial increase of the price of the stock.” Bill Ackman of Pershing Square Capital…
Herbalife Spent Over $1 Million On Lobbying In 2013
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports
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