WASHINGTON (dpa-AFX) - Icahn Enterprises, L.P. (IEP) filed with the Securities and Exchange Commission announcing the sale of 2.99 million shares of Netflix, Inc. (NFLX).
Icahn Enterprises announced that decision to sell Netflix common shares was made by Carl Icahn in view of the 457 percent increase in the price of those shares since the original investment at approximately $58 per share.
According to an amendment to Schedule 13D filing, Icahn currently holds 4.50 percent stake in Netflix.
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