Icahn says firm has $2 billion invested in Apple shares – CNBC

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NEW YORK (Reuters) – Activist billionaire investor Carl Icahn said Tuesday on CNBC that his firm has $2 billion invested in shares of technology giant Apple Inc..

Shares of Apple rose over 2 percent on Tuesday on news that Icahn had dinner with Apple chief executive Tim Cook on Monday and “pushed hard” for a buyback.

“Had a cordial dinner with Tim last night. We pushed hard for a 150 billion buyback. We decided to continue dialogue in about three weeks,” Icahn tweeted on Tuesday.

In August, Icahn told Reuters that “Apple has the ability to do a $150 billion buyback now by borrowing funds at 3 percent.

Icahn said on CNBC that Apple’s chief financial officer was also in attendance at the dinner with Cook on Monday.

(Reporting by Sam Forgione; Editing by Chizu Nomiyama)

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