Carl Icahn had a Twitter stake worth well over $500 million before Elon Musk’s about-face on buying the company, and made a sizable profit Tuesday after Twitter shares shot up, sources say
Activist investor had Twitter stake worth well over $500 million before Tuesday, sources say
Twitter will become a private company if Elon Musk’s $44 billion takeover bid is approved. The move would allow Musk to make changes to the site. WSJ’s Dan Gallagher explains Musk’s proposed changes and the challenges he might face enacting them. Illustration: Jordan Kransewith Twitter Inc. isn’t just a big win for the social-media company, but also for some big-name investors like Carl Icahn.
Mr. Icahn quietly amassed a Twitter stake of well over $500 million in the past few months and made a sizable profit Tuesday after the shares shot up on news that Mr. MuskContinue reading your article with
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