Reuters: Hot Stocks: UPDATE 1-Herbalife to add two board members chosen by Icahn

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UPDATE 1-Herbalife to add two board members chosen by Icahn Feb 28th 2013, 19:49 Thu Feb 28, 2013 2:49pm EST * Herbalife shares up almost 6 pct (Adds Herbalife CEO comment, share activity, bullet points) Feb 28 (Reuters) - Herbalife Ltd said on Thursday it plans to add two more directors to its board, chosen by activist investor Carl Icahn. Icahn owns over 14 million shares, or 13.6 percent of the nutritional supplements company. The new directors expand the size of the board to 11 members. "We are pleased to have reached this agreement and look forward to working with the Icahn representatives as members of our board of directors," said Herbalife Chief Executive Michael Johnson in a statement. "We appreciate the Icahn parties' shared views on the inherent value of Herbalife's operations, products and future prospects." Icahn was not immediately available to comment. Herbalife shares jumped $2.16, or 5.8 percent, to $39.60 on the New York Stock Exchange. (Reporting by Martinne Geller in New York; Editing by Jeffrey Benkoe and Gerald E. McCormick)

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