Investors Not Necessarily Rushing Into Apple (AAPL) Amid Icahn Bid for Buyback

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Go back to Investors Not Necessarily Rushing Into Apple (AAPL) Amid Icahn Bid for Buyback

Icahn Would Consider Proxy Fight on Apple (AAPL)

October 24, 2013 12:08 PM EDT

On CNBC, Carl Icahn said wouldn't shy away from an Apple (NASDAQ: AAPL) proxy fight to get on the board if needed. Icahn said he doesn't want to sit on the Board himself. He said he would test the water with other shareholders before deciding on a proxy fight.... More

Carl Icahn Letter to Apple's (AAPL) Tim Cook

October 24, 2013 9:23 AM EDT

Below is Carl Icahn's letter to Apple (NASDAQ: AAPL) CEO Tim Cook posted on his new website http://www.shareholderssquaretable.org/

Icahn said he raised his stake from 3,875,063 shares to 4,730,739 shares and wants the company to conduct a $150 billion tender offer.

Longer term (in three years) if the company execute this buyback as proposed, Icahn expects the share price to appreciate to $1,250.

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Dear Tim:

It was a pleasure meeting you for dinner at... More