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Carl Icahn cuts Herbalife stake and relinquishes his five board seats

Carl Icahn sold over half his stake in Herbalife and is giving up his five seats on the board. Icahn has long been a defender of his Herbalife investment, most notably against a short campaign from Bill Ackman in 2013. CNBC's "Squawk Box" crew discusses.
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Mon, Jan 4 20216:51 AM EST