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Judge Sides With Greenlight, Blocks Apple From Holding Shareholder Vote On Proposal Over Preferred Stock

Friday, February 22, 2013 19:57
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The “silly sideshow” around Greenlight Capital and Apple issuing preferred stock, as Apple CEO Tim Cook put it, will go on according to a ruling today by U.S. District Judge Richard Sullivan in NYC today. Sullivan sided with Greenlight Capital manager David Einhorn, blocking Apple from being able to proceed with a shareholder vote on whether or not the company can issue preferred stock.

source: http://feedproxy.google.com/~r/Techcrunch/~3/dn2s98mlIoA/



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