Apple CEO calls Einhorn lawsuit a “sideshow”
SAN FRANCISCO (Reuters) – Apple Inc CEO Tim Cook dubbed David Einhorn’s lawsuit against his company a "sideshow" but said on Tuesday the board is carefully considering the star hedge fund manager’s proposal to issue preferred stock, calling it "creative. " Waving off claims that Apple is clinging to a "Depression-era" mentality, Cook said the board is in "very active discussions" on how to share more of its $137 billion hoard of cash and marketable securities. . . .
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