Deals Rumor Mill: Herbalife, Hurtigruten, China Vanke

By Benjamin Horney (August 26, 2016, 7:23 PM EDT) -- Billionaire activist investor Carl Icahn is mulling the sale of his stake in nutritional supplements maker Herbalife Ltd. to a group that includes known Icahn rival Bill Ackman, The Wall Street Journal reported on Friday. According to the report, Icahn has been working with Jefferies Group LLC to find buyers for his 18 percent stake, worth around $1 billion, and Ackman may be part of one of the interested groups. However, the report cautioned that it's possible Icahn decides not to sell, and the identities of other potentially interested parties were not disclosed....

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