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Title: Apple Issues Statement After Getting Sued Over Plan to End Preferred Stock Post by: HCK on February 07, 2013, 11:01:24 pm Apple Issues Statement After Getting Sued Over Plan to End Preferred Stock
Apple has just issued a statement on its massive cash pile. The statement is in response to the letter sent to Apple shareholders this morning by high-profile hedge fund manager David Einhorn of Greenlight Capital urging them to vote ’NO’ on a proposal from Apple to eliminate the company’s ability to issue preferred stock. Continue reading → http://feeds.iphonehacks.com/~r/iphonehacks/~3/DjCCqNDE03I/apple-issues-statement-over-plan-to-end-preferred-stock.html |