iBankCoin
Joined Nov 11, 2007
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Einhorn Retracts His Lawsuit Against $AAPL

“SAN FRANCISCO (Reuters) – Hedge fund manager David Einhorn’sGreenlight Capital has dropped its lawsuit against Apple Inc after winning a battle to stop the iPhone maker from a shareholder voteon a proposal to abolish its ability to issue preferred shares at its discretion.

The lawsuit’s withdrawal, disclosed in a court ruling, closed the chapter on what was the strongest challenge by an Apple investor in years….”

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