Letters

Read Carl’s open letters which are often addressed to shareholders and CEOs of some of the world’s biggest and most important companies, including Apple. In these incisive letters, Carl addresses issues central to the economy, including Corporate Governance and Shareholder Activism.

To Local 54 Employees of the Trump Taj Mahal:

This past weekend I read several articles reporting on Local 54 demonstrations at the Taj Mahal, and I noted a number of grossly inaccurate statements about me to which I feel compelled to respond. I want to make clear that I am not against healthcare plans for employees and I am not against unions. In fact, many of the companies I own have unionized employees with fair and balanced healthcare plans. However, the leadership of those unions does not try to squeeze profits from the employees and their employers.

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Dear Twitter Followers:

We were pleased to hear Tim Cook yesterday state publicly: “By and large, my view is, for cash that we don’t need – with some level of buffer – we want to give it back [to shareholders]. It may come across that we are, but we

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To the Local 54 Employees Who Delivered a Letter to Me Yesterday:

I received the letter you delivered this morning and thought you made a number of interesting points. In it, you correctly stated that I see myself “as the underdog fighting against

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Dear Bob:

I received your letter requesting further aid and assistance in your attempts to keep the Trump Taj Mahal open, and I would like to respond.

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Dear Bob:

In a recent interview, you stated that I should start thinking about my legacy. My answer to you is that I have thought about my legacy for many years. I have committed myself to a path of charitable giving that shows just how much I

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NOW IS NOT THE TIME TO FIGHT. NOW IS THE TIME TO STOP AND ASK,

WHAT CAN I DO TO HELP SAVE THE TAJ?

I grew up on the streets of Queens. I learned to fight bullies and that was great training because I later built my fortune fighting the establish

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Dear Mayor Guardian:

We thank you for speaking so highly of Tropicana and its turnaround. I am proud to state and think no one can deny that if

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Dear Tim,

As a large Apple shareholder with approximately 53 million shares, we applaud you and the rest of management, especially in light of recent launches and announcements which further validate our view that you are the ideal CEO for Apple.

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FOR IMMEDIATE RELEASE Contact: Icahn Capital LP Susan Gordon (212) 702-4309   CARL C. ICAHN ISSUES OPEN LETTER TO APPLE SHAREHOLDERS   New York, New York, February 10, 2014 – Today Carl Icahn released the attached open letter to shareholders of Apple Inc.   CARL C. ICAHN 767 Fifth Avenue, 47th Floor New York, New … Continued

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CARL C. ICAHN ISSUES OPEN LETTER TO APPLE SHAREHOLDERS   New York, New York, January 23, 2014 – Today Carl Icahn released the attached open letter to shareholders of Apple Inc. For more information on this and other topics, follow Carl Icahn on Twitter at: @Carl_C_Icahn https://twitter.com/Carl_C_Icahn VOTE “FOR” PROPOSAL NO. 10   CARL C. … Continued

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Dear Tim:

It was a pleasure meeting you for dinner at the end of September. When we met, my affiliates and I owned 3,875,063 shares of Apple. As of this morning, we owned 4,730,739 shares of Apple, an increase of 22% in position size, reflecting our believe the market continues to dramatically undervalue the company, even when taking into account the recent market appreciation, which in turn makes our proposal unchanged with respect to a $150 Billion buyback. We were pleased to hear at our dinner that you appreciated our input and that you would speak to us again in three weeks to continue the dialogue. In anticipation of doing so soon, we aim to reiterate in this letter the point of view already expressed to you directly with the hope of effectively summarizing it for the company’s board of directors and our fellow shareholders.

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