(Bloomberg) Carl Icahn plans to nominate a full slate to the board of Sandridge Energy Inc. that would commit to seeking strategic alternatives for the embattled oil and gas driller. The billionaire investor, who said he has “grave concerns” about the current board’s ability to run a review of its own, added he would be willing to put in an all-cash offer for the company that would allow shareholders the decision to monetize their investment or continue on as an investor, according to a regulatory filing Wednesday.
Carl Icahn Will Nominate Full Sandridge Board Slate
This entry was posted in Syndicated. Bookmark the permalink.