Activist investor Carl Icahn, who owns 53 million shares in Apple, posted a letter to CEO Tim Cook Thursday urging the company to use its cash hoard to increase share repurchases and saying the…
After two weeks of silence, shareholder activist Carl Icahn has unleashed a volley of criticism at Lionsgate over blocking him four years ago from a hostile takeover. Dubbing the studio “Liar Gate,”…
Lionsgate has agreed to pay $7.5 million and admit wrongdoing to settle Securities and Exchange Commission claims that the studio failed to disclose all information about its 2010 efforts to block a…
Netflix announced Monday that it has terminated its stockholder rights plan — known as a poison pill, designed to prevent a hostile takeover — two years early, after billionaire investor Carl Icahn…
Billionaire investor Carl Icahn filed to sell nearly 3 million shares of Netflix, citing a 457% return since he acquired the stake last year, while retaining 2.7 million shares in the company. In a…
Carl Icahn has done it again: Shares in Apple enjoyed a big boost just hours after the billionaire investor bought “quite a bit” of the company’s stock on Wednesday. The hedge fund manager has a…
Less than two years ago, Lionsgate reached a settlement with Carl Icahn that called for the billionaire investor to cash out his 33% stake for $309 million, essentially breaking even on a three-year…
Carl Icahn has spent $323.6 million buying up stock in his quest to initiate a shakeup at Netflix.
The news that corporate raider Carl Icahn is amassing shares in Netflix set off immediate speculation that the company is in play.
After years of wrangling, Lionsgate and Carl Icahn have reached a peace accord, with the billionaire investor selling his 33% stake in the company.