Icahn's $150B Apple Gambit Could Transform The Management Of Cash-Rich Tech Giants

Having amassed a nearly $2 billion stake in Apple, Icahn recently had dinner with the company's CEO Tim Cook. His pitch: A $150 billion buyback. The pair are set to discuss the idea more in a few weeks. Icahn is not making a small claim: His buyback program totals more dollars than Apple's entire current cash position. And he might get it, too.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/r_KkQb8s6Kg/

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