Apple says it is ‘disappointed’ in court ruling, Greenlight calls its win ‘significant’ for shareholders

Following Greenlight’s win in court earlier today against Apple, both Greenlight and Apple have issued statements on the matter. CNBC (1, 2, 3) has tweeted bits of these statements:

-Apple says disappointed with court ruling; proposal #2 part of our efforts to further enhance corporate governance.

-Apple says due to today’s court decision, shareholders will not be able to vote on Proposal #2.

Apple is obviously disappointed in the ruling, but seems to accept that shareholders will not be able to vote on Proposal #2. This proposal is for Apple shareholders to have to vote for Apple to issue preferred stock shares.

On the other hand, Greenlight calls the win “significant:”

Greenlight Capital statement on Apple court ruling: This is a significant win for all Apple shareholders and for good corporate governance.

Apple CEO Tim Cook previously referred to the situation as a “silly sideshow.”

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