Icahn

  • Activist Investor Carl Icahn Asks Apple To Speed Up Share Repurchase Program

    Activist Investor Carl Icahn Asks Apple To Speed Up Share Repurchase Program

    Apple CEO Tim Cook received another letter from activist investor Carl Icahn today, which marks the second time the shareholder has lobbied Apple to step up its repurchase program. The letter details the request at length, commending Apple on its recent iPhone 6 launch and Cook on his leadership, but asks Apple to “meaningfully accelerate and increase the magnitude of share… Read More

  • Carl Icahn Gives Up On Dell, Michael Dell Now All But Certainly Taking The Firm Private

    Carl Icahn Gives Up On Dell, Michael Dell Now All But Certainly Taking The Firm Private

    Today investor Carl Icahn surrendered his bid to take Dell partially private in a leveraged buyout. Instead, Michael Dell, the company’s founder, will now certainly win in his efforts to take Dell private. It’s been a long, arduous journey. Dell as a company is in a rough time of its history, as the PC market contracts, it deals with painful margin pressure, and competition in… Read More

  • Icahn Picks Up More Yahoo Shares On The Cheap

    Carl Icahn bought up another 6.8 million shares of Yahoo earlier this week, bringing his total holdings to 75.6 million shares (just north of 5 percent). He paid just under $10 a share, or about a third of what he paid last May when he started building the bulk of his position. Of course, now he controls three seats on Yahoo’s board, including the one he occupies. So he is… Read More