Court tosses Carl Icahn’s suit seeking Occidental acquisition records

(Reuters) – Activist investor Carl Icahn will not have access to Occidental Petroleum Corp’s (OXY.N) Anadarko takeover records to support his proxy fight against the oil firm’s board, a Delaware court judge ruled on Thursday. In a sharply worded decision, Vice Chancellor Joseph Slights wrote Icahn’s complaint against Occidental “appear to be nothing more than disagreements” with the company’s directors and failed to show how the documents would advance his proxy contest.

Written by ideasexplorer

An incurably curious mind that loves to learn about culture, society, history, the environment, and so much more! Join me in exploring the ideas of yesterday, today, and tomorrow!

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: