Apple stock buyback

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Surrender on Apple Stock Buyback a Rare Loss for Carl Icahn

This doesn't happen very often.

Carl Icahn has been foiled in one of his activist investing ploys, and by none other than Apple Inc. (Nasdaq: AAPL).

Icahn's bid for an Apple stock buyback worth $50 billion ran aground today (Monday) when an influential proxy voting service, Institutional Shareholder Services Inc. (ISS), sided with Apple.

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