Billionaire investor Carl Icahn sold his roughly 2.7 percent stake in Lyft Inc t...
FILE PHOTO: Billionaire activist-investor Carl Icahn gives an interview on FOX Business Network's Neil Cavuto show in New York, U.S. on February 11, 2014. REUTERS/Brendan McDermid/File Photo
- Billionaire investor Carl Icahn sold his roughly 2.7 percent stake in Lyft Inc to investor George Soros ahead of the ride-hailing company’s initial public offering, the Wall Street Journal reported on Wednesday, citing sources. Jonathan Christodoro, a former managing director of Icahn Capital LP who was on Lyft’s board until last month, connected the activist investor with Soros, which was worth about $550 million at the IPO price, according to the WSJ report.Lyft could not be immediately reached for comment.
Reporting by Sayanti Chakraborty and Bhargav Acharya in Bengaluru; Editing by James Emmanuel and Leslie Adler
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