Topics

Forest Laboratories Incorporated
Carl Icahn buys $500 million more of Apple shares, issues letter
Carl Icahn buys $500 million more of Apple shares, issues letter

Activist investor Carl Icahn turned up the pressure on Apple on Thursday by announcing that he'd bought an additional $500 million worth of stock in the company.  Icahn also filed an official letter outlining the reasons he believes Apple should increase its stock buyback if shareholders approve an advisory ballot measure next month at the company's annual meeting.  PHOTOS: 10 ways to use the sharing economy "Bought another $500mil of $AAPL tday, bringing our total to $3.6 billion," Icahn tweeted. "If board doesn’t see AAPL’s ‘no brainer’ value we sure do." The latest update comes just a day after Icahn revealed he had...

Loading