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Macintosh News => Apple News => Topic started by: HCK on May 17, 2014, 02:00:05 pm



Title: Carl Icahn quietly upped his stake in Apple to $4.4 billion
Post by: HCK on May 17, 2014, 02:00:05 pm
Carl Icahn quietly upped his stake in Apple to $4.4 billion

The corporate raider/activist investor now owns 0.88% of Apple's 861 million shares.

<p>FORTUNE -- Give Carl Icahn credit.</p>
<p>When he was lobbing tweets and televised sound bites at Apple's (AAPL) board of directors last year -- demanding, at one point, an "immediate" $150 billion stock buyback -- he also insisted he was not looking for a quick gain.</p>
<p>"There is nothing short term about my intentions here," he wrote in an open letter to CEO Tim Cook in October.</p>
<p>True to MORE (http://tech.fortune.cnn.com/2014/05/16/apple-icahn-buyback-cook/)<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=tech.fortune.cnn.com&blog=8466345&post=142554&subd=fortunebrainstormtech&ref=&feed=1" width="1" height="1" /><img src="http://feeds.feedburner.com/~r/fortuneapple20/~4/rWkrFQ-LsPk" height="1" width="1"/>

Source: Carl Icahn quietly upped his stake in Apple to $4.4 billion (http://rss.cnn.com/~r/fortuneapple20/~3/rWkrFQ-LsPk/http://tech.fortune.cnn.com/2014/05/16/apple-icahn-buyback-cook/#commentshttp://tech.fortune.cnn.com/2014/05/16/apple-icahn-buyback-cook/feed/atom/)