GO
Loading...

Carl Icahn acquired Fannie, Freddie shares from Fairholme: Filing

Activist investor Carl Icahn acquired 6.8 million common shares of Fannie Mae and 5.7 million common shares of Freddie Mac from Fairholme Funds, a court filing showed Tuesday.

Read MoreWhy Icahn won't get busted for insider trading

Icahn, a billionaire investor known for taking big stakes in companies and pushing for management change, bought the shares in the major mortgage financiers in March, the filing showed.

By Reuters

Contact Mortgages

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    To learn more about how we use your information,
    please read our Privacy Policy.

Latest Special Reports

  • Lake Life

    CNBC presents a special report on how architecture, innovation and infrastructure are providing solutions to urban problems.

  • Go inside the new technologies, evolving markets and tricky geopolitics influencing the world's growing energy needs.

  • Tips on the best-performing portfolio strategies and global market trends that can help you become a smarter investor.