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  • Apple, Einhorn, and iPrefs

    Apple, Einhorn, and iPrefs

    by Carliss Y. Baldwin • Hanoch Feit • Edward A. Minasian • Brandon Van Buren

    In March 2013, Apple Inc. has a very large cash balance and is under pressure to return cash to shareholders. Hedge fund manager David Einhorn thinks Apple can "unlock value" by issuing perpetual preferred stock, dubbed iPrefs. Henry Blodget, CEO of The Business Insider, disagrees, saying "you can't... More

    Language: ENG
    Derechos de autor: 2014
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