Carl Icahn: Netflix Poison-Pill Move ‘Reprehensible’
Netflix's move to thwart a takeover by adopting a "poison pill" defense is a "travesty in corporate governance," billionaire investor said Thursday on CNBC.
Icahn, who recently acquired nearly 10 percent of shares in the online video streaming service, called the move "really reprehensible."
Scott Eelis | Bloomberg | Getty Images
Icahn said he believed the company was undervalued and couldn't understand its short interest.
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