Carl Icahn and the Fight for Netflix's Future

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Netflix is steeling itself to do battle with Carl Icahn, who bought a 10% stake in the company and is pushing for its sale to a cash-rich technology company. Photo: Getty Images.

Netflix is steeling itself to do battle with Carl Icahn, who bought a 10% stake in the company and is pushing for its sale to a cash-rich technology company. David Benoit has on Markets Hub.

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John Antioco turned down the offer to buy Netflix. Afterwards he tried to change Blockbuster's model, reducing fees and investing on streaming but Carl Icahn fought this approach badly. Interesting.

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