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Title: Apple responds to Greenlight lawsuit, says preferred stock won't be barred Post by: HCK on February 08, 2013, 03:01:10 pm Apple responds to Greenlight lawsuit, says preferred stock won't be barred
Apple on Thursday issued a public statement in response to a lawsuit from hedge fund Greenlight Capital, revealing that the company has been holding "active discussions" on what to do with its $137 billion in cash, while also disputing the assertion that the company hopes to prevent the issuance of preferred stock. http://feeds.appleinsider.com/click.phdo?i=ee89f9755421769bdaccf3c736f8eaa3 |