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SandRidge Report Reveals the Cost of Quarreling With Carl Icahn

Bloomberg

What’s it cost to tempt the wrath of Carl Icahn ? For SandRidge Energy Inc., the price tag is $8.2 million and counting. In a fourth-quarter earnings report Wednesday, the oil and gas explorer said it paid a $3.7 million termination fee after canceling the acquisition of Bonanza Creek Energy Inc. in December under pressure from Icahn and other top investors...

Mentions: Investors CEO Carl Icahn