Einhorn Urges Investors to Send `Message' to Apple
Feb. 7 (Bloomberg) -- David Einhorn, president of Greenlight Capital Inc., talks about his call for Apple Inc. to return more of its $137.1 billion in cash to shareholders and his proposal that the company distribute a high-yielding preferred stock that wouldn’t cost shareholders.
Greenlight, an Apple investor, asked fellow holders to vote against a proposal, outlined in the company’s annual proxy statement, that would eliminate preferred stock. Einhorn speaks with Stephanie Ruhle and Erik Schatzker on Bloomberg Television's "Market Makers." (Source: Bloomberg)