Icahn notes in his letter that he has increased his position in Apple to 4.73 million shares and reiterates his proposal for Apple to initiate a $150 billion stock buyback program. There are also short articles attributed to Icahn on the evils of golden parachutes for executives who fail and poison-pill programs that protect underperforming boards and executives.
To gain access to these, a user needs to register (it is free) and provide an email address in order to “receive emails with timely information on the movement… .” The movement? That must be the “fight for our rights as shareholders … towards the goal of real corporate democracy.”
Here is a chant to get the “movement” really rolling:
Apple’s bucks have got to go
Well, maybe not, but you get the idea.
So now you too can get spammed by Carl Icahn and perhaps get more front-running news like his announcement on Twitter Wednesday about what he was going to do Thursday. And if you want to get in on the action, pick up some IEP stock before it is too late.