August 02 - 14:08
111D
Carl Icahn takes 12.6% stake in Cloudera
Carl Icahn, the veteran activist investor, has bought a 12.6% stake in data analytics firm Cloudera. Icahn, 83, has previously taken shares in the likes of Lyft and Paypal. He is now seeking seats on Cloudera's board and is keen to increase shareholder value. Cloudera shares rose by 12.6% in extended trading. Icahn is chairman of Icahn Enterprises, his New York-based conglomerate.
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