Icahn Takes To Twitter To Unveil 'Large Position' In Apple

Law360, New York (August 13, 2013, 4:04 PM EDT) -- Activist investor Carl Icahn has taken a "large position" in Apple Inc. and is pushing for a heftier buyback program in short order, he said on Tuesday, sending the computer company's stock soaring.

The billionaire, who announced the deal through his Twitter account, did not say how big a stake he now holds. No regulatory documents detailing the share purchase were filed on Tuesday. Representatives at Apple did not immediately respond to a request for comment.

In a pair of brief tweets, Icahn said he believes the...
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