Carl Icahn considered hostile takeover for control of Netflix
Activist investor Carl Icahn said Thursday he has considered launching a hostile takeover bid for Netflix, in which he recently acquired a 10 percent stake.
When queried on the approach to gain control of the Internet streaming and DVD rental service, Icahn told CNBC: “The thought had certainly entered my mind. I have to admit I think about it, but we haven’t made that decision.”
While saying a hostile takeover was “certainly an alternative,” the billionaire and former corporate raider called Netflix’s recent adoption of a “poison pill” plan to defend against just such a…
Follow this link: Carl Icahn considered hostile takeover for control of Netflix