Home Icahn says 'I can't' and stops $50B fight over Apple stock buyback
 

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Icahn says 'I can't' and stops $50B fight over Apple stock buyback

2014-02-11 13:46:31| InfoWorld: Top News

Investment agitator and former corporate raider Carl Icahn today tossed in the towel in his fight to get Apple to boost its share buyback program by another $50 billion after an influential proxy advisory service nixed the idea. The white flag put an end to a months-long campaign by Icahn that some analysts said was at best a distraction to Apple, at worst trouble -- the kind with a capital "T."

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