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Icahn Boosts Herbalife Stake Amid Battle For Co.'s Future

By Jake Simpson (May 8, 2013, 12:22 PM EDT) -- Carl Icahn has raised his ownership in Herbalife Ltd. to 16.5 percent from 15.9 percent, according to a regulatory filing Tuesday, bolstering the activist investor's long position in his fight with hedge fund CEO William Ackman over the future of the nutritional supplements maker....

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