26.10.2013 09:20 Uhr, Quelle: Macworld UK

Icahn turns up heat on Apple, hints at proxy fight over $150B buyback

Billionaire trading activist and agitator Carl Icahn yesterday turned the heat up on Apple, saying he would "test the waters" with a proxy fight if the company's board doesn't yield to his demand for an historic $150 billion stock buyback.Icahn went on a media blitz Thursday, making the proxy fight comment on CNBC, which was preceded by an interview on Bloomberg TV and after he launched a new website, Shareholders' Square Table on which he posted a letter he'd sent to Apple CEO Tim Cook.In those interviews and his letter, Icahn repeated his demand that Apple boost its share price by buying $150 billion worth of stock, a move he called a "no-brainer.""We're not in this for the short term, for the quick turn," Icahn said on Bloomberg TV, of his Apple investment, w

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