Also published in Stock Market Quotes and News:
Lowe's CEO Takes Aim at Home Depot
x hide permanently

Court Tosses Carl Icahn's Lawsuit Seeking Occidental Acquisition Records

Stock Market Quotes and News

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 $38 billion deal...

Mentions: Management Delaware Proxy Fight