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Netflix (NFLX -2%) announces a poison pill geared toward blocking Carl Icahn's ambition to...

  • Monday, November 5, 2012, 9:31 AM ET
    Netflix (NFLX -2%) announces a poison pill geared toward blocking Carl Icahn's ambition to increase his 10% stake in the company. Under the plan, all shareholders will have the right to acquire more stock if a single shareholder holds more than 10%.
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This news story has 3 comments:

  •  
    Lame.
    5 Nov 2012, 09:46 AM Reply Like
  •  
    agreed.
    5 Nov 2012, 09:54 AM Reply Like
  •  
    Seems like the right decision to make. Reed Hastings and NFLX have enough to do without worrying about Carl Icahn trying to drive a short-term gain.
    5 Nov 2012, 10:43 AM Reply Like
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