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Posts Tagged ‘billionaire Carl Icahn’

By Nadia Damouni, Chris Peters and Phil Wahba (Reuters) – Billionaire investor Carl Icahn accused eBay Inc Chief Executive John Donahoe of failing to spot – or ignoring – conflicts of interest on the companys board and called again for the spinoff of its fast-growing PayPal division. Icahn, who also disclosed a 2.15 percent stake […]

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SAN FRANCISCO (AP) — Activist investor Carl Icahn is retreating from his battle with Apple’s board of directors, ending a high-profile campaign to pressure the iPhone maker into spending more money to buy back its own slumping stock.

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(Reuters) – Carl Icahn said he sees no reason to persist with his proposal that Apple Inc buy back $50 billion of its shares, given the recent share repurchases by the iPhone maker. Icahn said in a letter to Apple shareholders posted on his website that he was pleased that Apple CEO Tim Cook and […]

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