Think Progress-Billionaire investor and longtime Trump confidant Carl Icahn dumped
$31.3 million of stock in a company heavily dependent on steel last
week, just days before Trump announced plans to impose steep tariffs on
steel imports.
In a little-noticed SEC filing
submitted on February 22, 2018, Icahn disclosed that he systematically
sold off nearly 1 million shares of Manitowoc Company Inc. Manitowoc is a
“is a leading global manufacturer of cranes and lifting solutions” and, therefore, heavily dependent on steel to make its products.
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