Icahn Discloses $2B Apple Stake Amid Buyback Push

Law360, New York (November 15, 2013, 11:59 AM EST) -- Amid his push for Apple Inc. to launch a landmark $150 billion buyback program, activist investor Carl Icahn disclosed late on Thursday that he holds 3.88 million shares in the tech giant — a stake worth $2.05 billion based on current market value.

Icahn told Apple CEO Tim Cook in a letter last month that he had picked up a total of 4.73 million shares — worth more than $2.5 billion combined — a figure not fully reflected in Thursday's disclosure, which only counted the number...
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