Breaking News from CNBC's Kate Kelly: Bill Ackman Denies to CNBC All Accusations Made by Herbalife CEO Michael Johnson
WHEN: TODAY, WEDNESDAY, DECEMBER 19TH
WHERE: CNBC'S "CLOSING BELL"
Following is the unofficial transcript of breaking news from CNBC's Kate Kelly. All references must be sourced to CNBC.
KATE KELLY: BILL ACKMAN CALLED ME SHORTLY AFTER THAT JOHNSON INTERVIEW, AND HE WANTED TO MAKE A COUPLE OF POINTS. FIRST OF ALL, HE SAYS HE HAS NO PUT OPTIONS IN HERBALIFE, IT IS ONLY A SHORT SALE POSITION, ONLY AN EQUITY POSITION IN OTHER WORDS. MORE OVER HE SAYS HE'S NEVER SPOKEN TO ANOTHER SHORT SELLER ABOUT THE STOCK, INCLUDING DAVID EINHORN WHO IS CONSIDERED TO BE POSSIBLY A SHORT IN THIS STOCK, THOUGH THAT'S NEVER BEEN CONFIRMED, MARIA, SO MORE QUESTIONS CONTINUE, BUT ACKMAN STRONGLY DENYING SOME OF THE ACCUSATIONS THAT JOHNSON HAS MADE.
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