MLM Junction

The Central Terminus For News And Information About The MLM And Network Marketing Industries

Friday, April 06, 2007

MLM Company USANA Under Fire After Earnings Call

The "Fraud Discovery Institute" kept up it's campaign against MLM company USANA Health Sciences after a recent earnings call hosted by the company.

Monday, April 02, 2007

Whitney Bid For MLM Company Herbalife Is Rejected

Herbalife shares dropped Friday after a buyout rejection worried investors expecting a higher bid.

Shares of Herbalifeslimmed 77 cents, or 1.9%, to $39.50, after the company said an offer from private-equity firm Whitney V was too low. The drop after the rejection came even though shares would only be worth $38 if the deal was accepted.

Editor's Note: I posted this news previously but the Forbes article adds some detail.

Sunday, April 01, 2007

Case Between Procter & Gamble And Ex-Amway Distributors Returns To Court

Lawyers for the four Amway distributors ordered to pay $19.25 million are trying to get the verdict thrown, alleging improper deliberations.

Offer For MLM Company Herbalife Is Pulled By Investment Group

An investment group whose bid for Century City-based Herbalife Ltd. was rejected said Friday that it was withdrawing the $2.7-billion offer — and that it might sell the Herbalife shares it owns or buy some more.