Move comes after Carl Icahn acquires 10 percent stake in company
Netflix shares have floundered on Wall Street for more than a year
Billionaire will keep a small ownership position in the studio for tax purposes
The studio will pay Icahn $7 each for 19.2 million shares
Studio will hold off on selling some 22 million of the raider's shares until the market improves
The billionaire investor and the studio also agree to drop all outstanding litigation
The dissident shareholder, who's been battling the studio in court, now owns 33.1% of the company
The company says its insurer didn't pay defense costs in claims that Carl Icahn made against it
Billionaire investor has been trying -- with little success -- to reverse a debt for equity transaction that reduced his stake in the Vancouver studio...
Analysis: The rental chain has lost customers and closed hundreds of stores, but it is ready-made for online video
Five bidders circling bankrupt video chain, including SK Telecom Company and Monarch Alternative Capital
Joins with British Columbia Supreme Court in dismissing corporate raider's breach-of-contract suit related to his takeover attempt
Exclusive: Angry at being labeled an impostor, the multi-millionaire considered selling his stake to Carl Icahn
Studio would've turned a quarterly profit, but spent $7.9 million in "corporate defense related to shareholder activist activities"
Box office expanded by $100 million, but studio still had "Killers" and Icahn as crosses to bear
The vote tally shows that Icahn did worse than expected on his slate of board nominees
Power company enters into agreement to be purchased by the billionaire for $665 million
Shareholders vote for studio's board of directors nominees and reject billionaire's rebel slate
Analysis: The corporate raider will lose his play for the studio's board. Now what?
Icahn acknowledges his board slate is in danger, won't buy tendered shares
Billionaire investor's bid to overturn debt for equity swapped denied
One major shareholder advisory firm recommends parts of the rebel slate, while another endorses the studios candidates
Studio urges stakeholders to reject billionaire's board slate and vote for its own nominees
Corporate raider takes hostile takeover bid for studio to the Web
Billionaire investor pushes offer to Dec. 10, but says court must overturn debt for equity swap
Studio's board says the billionaire's rebel slate will endanger the company
Icahn urges shareholders to vote Vice-Chairman Michael Burns off the board, and vote his slate including former Overture chief Chris McGurk
Exclusive: The real prize is to be CEO of Blockbuster, where Icahn is the creditor in chief and McGurk hopes for a shot at turning...
Billionaire investor pushes back deadline until Dec. 2
Might McGurk, late of Overture, join Icahn's proxy slate?