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Active at 77: Carl Icahn's Big Bets

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Active at 77: Carl Icahn's Big Bets
AIRED:
Billionaire investor Carl Icahn is more than just a grumpy old man - at 77 years old - he's still shaking things up in the investment world. He's now focusing on Apple, announcing a big stake, which one person familiar with the matter said is worth around $1 billion. His logic: Apple shares could pop to as high as $700, if Apple took advantage of current low borrowing rates and plies $150 billion into stock buybacks.moreless
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