The luster came off Netflix in 2011. A bungled price increase and an aborted attempt to spin off DVD operations made the company appear poorly managed. That triggered an 18-month-long slide in the company's stock, and Netflix looked ripe for an acquisition. But the Web's top video-rental service is leaving 2012 on a high note. In November, the company implemented a "poison pill," provisions designed to make acquiring the company very expensive, and girded itself against a possible hostile takeover attempt from corporate raider Carl Icahn.
Then, earlier this month, Netflix leaders pulled off a whopper … Read more