Carl Icahn Boosts Hertz Position | Value Investing News

Carl Icahn Boosts Hertz Position

  • Activist investor Carl Icahn has filed numerous documents to the SEC recently (13D's and Form 4's) regarding his position in Hertz Global (HTZ).
  • His recent purchases also are via forward contracts.
  • And the filing notes that these contracts "Represents a forward price of $12 per Share, plus the amount per Share the Reporting Person paid the counterparty to the forward contract upon entering into such forward contract.
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