Seriously, what sane fiduciary engages in an infinitely risky short position of 20-25% of a public company that is buying back its stock feverishly with massive free cash flow, and then paints himself into a corner by both publicizing his outsized position while antagonizing the one investor on Earth who has the will and skill to eviscerate him?

FORBES: Straight Talk with Robert Chapman on Herbalife, Bill Ackman, and Carl Icahn

The board would, within 30 days, review and take a position on any such offer, consistent with its fiduciary duties and in the best interests of shareholders.

FORBES: Best Buy Slides; Agrees To Extend Deadline For Schulze Bid