1. Carl Icahn Raises Stake in Car Rental Company Hertz

    Carl Icahn Raises Stake in Car Rental Company Hertz

    (Reuters) - Activist investor Carl Icahn raised his stake in U.S. car rental company Hertz Global Holdings Inc to 10.77 percent from 8.48 percent. The billionaire was already Hertz's largest shareholder and in the past few months had successfully pushed for management changes and won board seats on the company. Hertz shares rose 1.7 percent to $25.68 in trading after the bell on Tuesday. Hertz ...

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