Carl Icahn Dines With Apple CEO, Pushing for a Buyback

Apple stock up 2 percent

Reason Staff | 10.1.2013 4:00 PM

Shares of Apple Inc. rose about 2 percent on Tuesday on news that billionaire activist investor Carl Icahn had dinner with Apple chief executive Tim Cook on Monday and "pushed hard" for a buyback.

"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.

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Carl Icahn Dines With Apple CEO, Pushing for a Buyback

Apple stock up 2 percent

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