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Daily Digit: Icahn $800 Mln Netflix Profit

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Daily Digit: Icahn $800 Mln Netflix Profit
AIRED:
Talk about rich people problems. A family squabble for the Icahns. With Netflix stock soaring - billionaire investor Carl Icahn felt it was time to take profits on his 9.4 percent stake. But son Brett- who had convinced Carl to stick with the investment even as it hit the stratosphere- wanted to stick with the winner. In the end- a compromise. Carl Icahn cut his Netflix stake- pocketing $800 million- thanking CEO Reed Hastings as well as actor Kevin Spacey for a job well done.moreless
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