czwartek, 24 października 2013

Icahn family's House of Cards: Father-son drama over Netflix stake

File photograph of Investor Carl Icahn speaking at the Wall Street Journal Deals & Deal Makers conference at the New York Stock Exchange By Jennifer Ablan (Reuters) - Billionaire investor Carl Icahn is so convinced he was right to sell some of his Netflix Inc stake that he made a big bet - possibly worth hundreds of millions of dollars - with his son Brett, who disagreed with the decision. Icahn, whose firm acquired Netflix shares for an average price of $58 against their current price at $330, cut his 9.4 percent stake by more than half to 4.5 percent, booking profits of around $800 million, he revealed on Tuesday. ...








via Tech News Headlines - Yahoo! News http://news.yahoo.com/icahn-familys-house-cards-father-son-drama-over-005610793--sector.html

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