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Energy Intelligence Finance quotes Chris Hewitt on Icahn’s Oxy strategy

On June 12, Energy Intelligence Finance quoted Chris Hewitt in “With Few Options, Icahn Targets Oxy Board,” an article that discusses activist investor Carl Icahn’s strategy behind his growing criticism of Occidental Petroleum’s (Oxy) management.

Chris commented that Icahn’s strategy looks more like conventional shareholder activism, saying, “I think this was a situation that helped precipitate his investment and gave him talking points, but ultimately it’s just an activist shareholder play. He’s used this playbook before.”

Read the article here.

Category: Corporate Governance, Mergers & Acquisitions, Shareholder Activism/Engagement