1. SandRidge to Meet with Investor Icahn to Quell Rising Tensions

    SandRidge to Meet with Investor Icahn to Quell Rising Tensions

    HOUSTON, Jan 17 (Reuters) - SandRidge Energy Inc is expected to meet with activist investor Carl Icahn on Wednesday over his demands for a board shake-up and other governance changes, part of a bid by the U.S. shale oil producer to quell tensions with its largest shareholder and most outspoken critic. Icahn said in December he was considering a proxy contest to remove some or all of SandRidge’s directors...

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    1. I'm not necessarily against the idea of them buying some assets at a good price, but I was adamantly against diluting the shareholders, especially in order to overpay for Bonanza.
    2. I don't mind a CEO making a lot of money if the shareholders have also prospered. But this is certainly not the case here.
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