Icahn Takes $1.6 Billion Loss on Hertz

May.28 — Billionaire investor Carl Icahn sold out of Hertz Global Holdings Inc., the rental-car company that filed for bankruptcy last week, calling off a roughly six-year bet that lost him almost $1.6 billion. Bloomberg’s Annmarie Hordern reports on “Bloomberg Daybreak: Europe.”


In This Story: Carl Icahn

Carl Celian Icahn is an American financier. He is the founder and controlling shareholder of Icahn Enterprises, a public company and diversified conglomerate holding company based in New York City.

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