1. Carl Icahn Is Taking On Occidental Petroleum. Why That’s Good for the Stock.

    Carl Icahn Is Taking On Occidental Petroleum. Why That’s Good for the Stock.

    Carl Icahn’s latest target is Occidental Petroleum . He has blasted the company for its “hugely overpriced acquisition of Anadarko Petroleum ” and for disenfranchising shareholders by refusing to allow them to vote on the deal . While there is little the activist investor can do to stop the $38 billion acquisition, he is adding to the growing shareholder pressure on Occidental (ticker: OXY)—and that could be bullish for its depressed stock...

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