Apple CEO finds Einhorn lawsuit 'bizarre'
SAN FRANCISCO (MarketWatch) -- Tim Cook, the CEO of Apple Inc. , said Tuesday morning that the company will not wage a campaign over a proposition on its proxy statement to eliminate its ability to issue "blank check" preferred stock without shareholder approval. The proposition, put up by the company, is the subject of a lawsuit filed by hedge-fund leader David Einhorn of Greenlight Capital ...
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