Carl Icahn Shows New 7.94% Stake in WebMD Health Corp. (WBMD)

October 21, 2011 6:33 PM EDT
In a 13D filing after the close Friday on WebMD Health Corp. (NASDAQ: WBMD), hedge fund Carl Icahn disclosed a 7.94%, or 4,545,017 share, stake in the company. The firm did not hold shares at the end of the latest quarter ending June 30, 2011.

Icahn said he acquired the Shares in the belief that tye were undervalued from a long-term perspective. He may seek to have conversations from time to time with management to discuss its business and strategies.

For more notable holders of WebMD Health Corp. stock click here. For more information on Carl Icahn click here.


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