Billionaire Carl Icahn isn't letting up in his quest to get Apple's board to initiate a significant stock buyback. The well-known investor says he's written another letter to CEO Tim Cook, and plans to share its contents on his new website — dubbed Shareholders Square Trade — this Thursday. Icahn alerted his Twitter followers of his plans, later following that up with an appearance on Bloomberg TV where he continued to press his case. "Apple is not a bank and shareholders did not buy the stock to be a bank," he said during an interview on Street Smart. Icahn insists his quarrel is with Apple's board rather than Cook himself. "I find he is doing a very good job," Icahn said of Apple's CEO. "I know he believes the stock is very cheap,...
via The Verge - All Posts http://www.theverge.com/2013/10/23/5011820/billionaire-cahn-will-publish-letter-to-tim-cook-thursday-buyback
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