Bill Ackman: Venezuela Could Kill Herbalife's Earnings

The transcript discusses Valium's offer to a company, highlighting the need for engagement and potential for increased offers. It also covers the financial impact of Venezuela on Herbalife, noting discrepancies in exchange rates used for accounting and the significant effect on operating income.

What are the implications of Valiant's willingness to raise their offer for the company?

Discuss the potential impact of activist interest in the company as mentioned in the text.