In an exclusive interview with TIME, billionaire investor Carl Icahn reveals that he filed a shareholder proposal with Apple on Nov. 26 to persuade the company to share some of its $147 billion cash hoard with stockholders. His measure comes in the form of a precatory proposal that calls for Apple to buy back its own shares on the public market. The move would almost certainly drive up the price of Apple’s stock — and increase the value of Icahn’s holding along with those of all Apple investors.

Apple in an exclusive statement to TIME stated, “As part of our regular review process, we are once again actively seeking our shareholders’ input on our program, and as we said in October, the management team and our board are engaged in an ongoing discussion about it which is thoughtful and deliberate.”

Icahn on Tim Cook’s leadership: “Tim Cook is doing a good job with the business. I think he’s good whether he does what I want or not.” But, he adds, “Apple is not a bank.” On his relationship with Cook: “We’ve discussed a lot of things, and he asked a lot of questions, and really listened… A lot of people say Steve Jobs probably wouldn’t have talked to me, and maybe that’s true. But I think he [Cook] found our conversation sort of interesting. He said, ‘Look, you’ve accomplished a lot, and we want to listen to you.’”

Read more in the full article here.

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