HOUSTON: Activist investor Carl Icahn will not have access to Occidental Petroleum Corp's Anadarko takeover records to support his proxy fight against the oil firm's board, a Delaware court judge ruled on Thursday.
Icahn sued Occidental in Delaware Court of Chancery last May seeking financial records and details of its negotiations with Anadarko. He has since committed to a proxy fight to appoint new management and accelerate asset sales to repay debt taken on with the US$38 billion deal.
Replacing the company's leadership would cause its value to"meaningfully increase," he said in an interview last week. Icahn then declined to say how much he lost on the sale of the 10 million Occidental shares.Occidental traded at US$37.76 on Thursday, down from US$65.33 on April 12 when the company's interest in Anadarko was first disclosed.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Icahn takes stake in HP, pushes for merger with Xerox: WSJActivist investor Carl Icahn is pushing for the proposed merger of Xerox Corp and HP Inc , arguing that a union of the printer makers could make ...
Fuente: ChannelNewsAsia - 🏆 6. / 66 Leer más »
Icahn takes stake in HP, pushes for merger with Xerox - WSJActivist investor Carl Icahn has bought a US$1.2 billion stake in HP Inc and is pushing for the personal computer maker's merger with printer ...
Fuente: ChannelNewsAsia - 🏆 6. / 66 Leer más »
Icahn pushes for Xerox-HP merger: WSJActivist investor Carl Icahn is pushing for the proposed merger of Xerox Corp and HP Inc , arguing that a union of the printer makers could make ...
Fuente: ChannelNewsAsia - 🏆 6. / 66 Leer más »
Icahn pushes for Xerox-HP merger: WSJActivist investor Carl Icahn is pushing for the proposed merger of Xerox Corp and HP Inc , arguing that a union of the printer makers could make ...
Fuente: ChannelNewsAsia - 🏆 6. / 66 Leer más »
Icahn takes stake in HP, pushes for merger with Xerox - WSJActivist investor Carl Icahn has bought a US$1.2 billion stake in HP Inc and is pushing for the personal computer maker's merger with printer ...
Fuente: ChannelNewsAsia - 🏆 6. / 66 Leer más »
Icahn takes stake in HP, pushes for merger with Xerox: WSJActivist investor Carl Icahn is pushing for the proposed merger of Xerox Corp and HP Inc , arguing that a union of the printer makers could make ...
Fuente: ChannelNewsAsia - 🏆 6. / 66 Leer más »