Icahn takes some profits on Family Dollar


Carl Icahn reduced his stake in Family Dollar (FDO +1.5%) to 6.03% from 9.39%, according to a SEC filing.

The investor may have concluded that Dollar Tree's offer for FDO won't be topped.

The sale leaves Family Dollar CEO Howard Levine as the largest shareholder with his holding of 8.17% of the company.

SEC Form 13D

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Comments (2)
  • stockbuyer2014
    , contributor
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    another win for icahn. this guy is on a roll
    30 Jul 2014, 01:57 PM Reply Like
  • redhat63
    , contributor
    Comments (323) | Send Message
     
    He would be dumb not too. Plus, he cites Levine as the reason that FDO was in the state it was in, and now Levine will be on the board of DLTR. I would dump it all (and I suspect he will).
    30 Jul 2014, 10:30 PM Reply Like
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