Herbalife Ltd. has commenced a “modified Dutch auction” self-tender offer to purchase in cash up to an aggregate $600 million of shares of its common stock at a per share price not greater than $108.00 nor less than $98.00 (the “tender offer”). The closing price of Herbalife’s common shares on the New York Stock Exchange […]

Los Angeles-based Herbalife Ltd. has announced its intention to change the company name to Herbalife Nutrition Ltd. In addition, the third-largest direct selling company in the world announced several strategies designed to enhance shareholder value. According to the company, the name change to Herbalife Nutrition Ltd. reflects the company’s commitment to leadership and expertise in the field […]