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Tuesday, October 01, 2013
 Carl Icahn Confirms Monday Dinner With Apple CEO Cook
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Message Text: Billionaire activist investor Carl Icahn on Monday had dinner with Apple chief executive Tim Cook pushing Apple's boss for a buyback, Icann confirmed on Twitter.

"Had a cordial dinner with Tim last night. We pushed hard for a 150 billion buyback. We decided to continue dialogue in about three weeks," Icahn tweeted on Tuesday.

Icahn has made a career of urging companies to make changes to boost the value of shareholdings.

Cook announced a plan this year for a total of $100 billion in dividends and buybacks, but Icahn wants Apple to allocate $150 billion more for share repurchases.

Icahn, who reportedly holds an $1 billion stake in Apple, which has a market value of more than $400 billion.

 
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