Activist Shareholder Carl Icahn Buys 10% Stake in Netflix
Investor Carl Icahn has acquired about a 10% stake in Netflix, according to Securities and Exchange Commission filings.
Investor Carl Icahn has acquired about a 10% stake in Netflix, according to Securities and Exchange Commission filings.
Icahn is a former corporate raider of the 1980s, who has lately adopted a shareholder activist approach to turning companies around. He played the latter role at Yahoo during the aborted sale to Microsoft. He currently serves on the board of directors of Blockbuster.
Netflix has become vulnerable to challenges to its leadership and direction since a poorly
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