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Billionaire Carl Icahn exits Hertz with 'significant' loss after bankruptcy filing

He sells near-39% stake of 55.34m shares; says he supports board's bankruptcy protection decision


BILLIONAIRE investor Carl Icahn, who was the largest shareholder in Hertz Global Holdings Inc, unloaded his entire stake in the rental car company at a "significant loss" days after it filed for bankruptcy protection.

According to a regulatory filing made on Wednesday, Mr...

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