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Icahn vs. Apple: When Did Extortion Become Legal?

2013-08-19 14:00:00| TechNewsWorld

What Carl Icahn has been doing with Dell -- and now with Apple -- is kind of like a protection racket. These were popular in the 1920s -- you paid the crime syndicate a fee if you wanted to say in business. I'm wondering if Icahn has found a legal way to extort money from companies in trouble. Icahn not only doesn't provide value for the "help" he gives -- he actually drains the firm's resources.

Tags: legal apple extortion icahn

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