YOUR BUSINESS AUTHORITY
Springfield, MO
Billionaire investor Carl Icahn sold his 2.7 percent stake in Lyft ahead of the ride-hailing company's initial public offering last week.
The stake was worth around $550 million at the IPO price.
Icahn invested $100 million in Lyft in 2015 and later another $50 million at a $2.5 billion valuation.
Read more from Dow Jones Newswires.
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