Carl Icahn Sold Lyft Stake Prior to Initial Public Offering

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Carl Icahn Sold Lyft Stake Prior to Initial Public Offering
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Billionaire investor Carl Icahn sold his roughly 2.7% stake in Lyft ahead of the ride-hailing company’s IPO last week

Jonathan Christodoro, a former Icahn Capital LP managing director who sat on Lyft’s board until last month, connected Mr. Icahn with the buyer of the stake worth roughly $550 million at the IPO price, some of the people said.

The buyer’s identity couldn’t be learned.
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