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April 3 (Reuters) - Billionaire investor Carl Icahn sold his roughly 2.7 percent stake in Lyft Inc ahead of the ride-hailing company's initial public offering, the Wall Street Journal reported https://www.wsj.com/articles/carl-icahn-sold-lyft-stake-prior-to-initial-public- o f f e r i n g - 1 1 5 5 4 3 1 6 4 9 7 ? m o d = s e a r c h r e s u l t s & p a g e = 1 & p o s = 1 , 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 the buyer of the stake, 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 in Bengaluru; Editing by James Emmanuel)