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Occidental Adopts Poison Pill After Icahn Raises Stake To About 10%
2020-03-13 15:48:16| OGI
The billionaire investor has been waging a bitter battle with Occidentals board over its $38 billion acquisition of Anadarko Petroleum, calling it a misplaced bet based on expectations of higher oil prices.
Carl Icahn Reportedly Boosts Occidental Petroleum Stake To Nearly 10%
2020-03-12 13:40:00| OGI
Carl Icahn, who held a roughly 2.5% stake in Occidental as of end-2019, has previously criticized its $38 billion deal for rival Anadarko Petroleum as a misplaced bet on oil prices rising.
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Is Icahn Attempting a Hostile Takeover of HP? Figuring Out the Backstory
2020-01-28 01:00:16| TechNewsWorld
When it comes to any merger, you often can't trust the reason the firms are merging, particularly if financial rather than operational managers are driving the process. When it comes to hostile takeovers, you can bet you are being misled, because the rhetoric will address synergy, but the folks driving the effort know the more likely goal is to destroy the acquired company.
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Icahn, Occidental Face Off In Battle For Board
2019-11-26 15:41:30| OGI
Activist investor Carl Icahn, who owns about 2.5% of the companys stock, appears set on seizing control of the company by replacing its 10 board members.
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occidental
Activist Investor Carl Icahn Sells Nearly Third Of His Occidental Petroleum Stake
2019-11-08 19:11:13| OGI
Icahn sold 10 million shares and now holds 23 million shares, valued around $900 million, he said. He had owned a $1.6 billion stake in Occidental as of May 30.
Tags: investor
carl
sells
petroleum
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