Pursuits
Icahn’s Netflix Sale Shows Difference With Son Over Value
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Billionaire Carl Icahn sold more than half of his stake in Netflix Inc., exposing a disagreement with his son Brett over the value of the stock.
Icahn sold 2.99 million shares of Los Gatos, California-based Netflix starting on Oct. 10, according to a regulatory filing yesterday. He continues to own 2.67 million shares, or a 4.5 percent stake.