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Carl Icahn Cuts Stake in Hertz to Under 29%

Stock Market Today

Long-time activist investor and billionaire Carl Icahn has cut his holdings in car and truck rental giant Hertz Holdings ( HTZ ) . A Securities and Exchange Commission filing revealed that High River Limited Partnership, one of Icahn's investment firms, sold 1 million shares of Hertz, while Icahn Partners LP sold approximately 2.52 million shares and Icahn Partners Master Fund LP sold roughly 1.48 million shares - all on Monday, March 4...

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