|
Title: Hedge Fund Magnate Takes Apple to Court Post by: HCK on February 08, 2013, 03:01:17 pm Hedge Fund Magnate Takes Apple to Court
Apple's cash hoarding has always annoyed some of its investors, but Thursday one of them decided to bet on a unique solution. David Einhorn, a hedge fund operator with a history of staunch support for Apple, filed a lawsuit against the company in an attempt to block its board from giving away its power to issue preferred stock. http://ectnews.com.feedsportal.com/c/34520/f/632003/s/285e75eb/l/0L0Smacnewsworld0N0Crsstory0C772640Bhtml/story01.htm |