(Reuters) - March 30 - Whitney V L.P withdrew its offer to buy Herbalife Ltd. after Herbalife's board rejected its buyout offer of $38 a share, sending the stock lower in early electronic trade.
In a letter to Herbalife, disclosed in a filing with the U.S. Securities and Exchange Commission, Whitney said it was disappointed at Herbalife's unwillingness to discuss the proposal.
Read more at Reuters.com Mergers News
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