?Silly Sideshow? Suit Against Apple Over Shareholder Vote Dropped By Greenlight?s David Einhorn

David Einhorn has dropped the suit filed against Apple over a proposal the company intended to bring to a vote at its shareholder meeting this past week, Bloomberg reports. The proposal included a provision that would require a common shareholder vote before Apple could issue any preferred stock, something Einhorn and his hedge fund Greenlight Capital have been seeking from Apple to unlock more of the value of Apple's cash pile for shareholders.

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