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
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.
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
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.