NEW YORK ( TheStreet) -- Billionaire activist investor Carl Icahn has acquired a 10% stake in Netflix (NFLX - Get Report), saying publicly that he views the popular online video site as a takeover target for larger media, tech and telecommunications giants.Shareholders are typically paid a hefty premium over the market price of their stock when their company is acquired, and Icahn is a brilliant investor. He knows the video entertainment business well, and he has numerous facts to back him up on this one. But I doubt he'll be received well by Netflix founder and CEO Reed Hastings.
Netflix CEO Won't Buy What Icahn Is Selling
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