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News: Icahn withdraws $50B Apple stock buyback proposal

Posted on January 1, 1970 by

Billionaire Apple investor Carl Icahn has withdrawn his proposal for Apple to buy back an additional $50 billion of its own stock. The withdrawal is in reaction to a recommendation from proxy advisory firm ISS, which recommended investors vote against Icahn’s proposal, Reuters reports. Icahn wrote on his Shareholders’ Square […]

Read the original post by Phil Dzikiy

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