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article imageHerbalife gives Icahn more seats, small NU Skin fine lifts stock

    Mar 24, 2014 in Business

(Reuters) - Herbalife Ltd <HLF.N>, a nutritional products maker, said it would nominate three additional Carl Icahn designees to its board.

Herbalife, which is being investigated by the Federal Trade Commission, earlier this month postponed its annual shareholders' meeting to April 29 to continue discussions with Icahn about new board nominees.

Icahn, the company's biggest shareholder with a 16.8 percent stake, has supported Herbalife in its fight against billionaire investor William Ackman.

(Reporting by Mridhula Raghavan in Bangalore; Editing by Savio D'Souza)

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