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Apple Inc. Message Board

  • sonw_p3 sonw_p3 Aug 15, 2013 2:53 AM Flag

    Icahn ups stake in Transocean to nearly 6% they're worth slightly more than $1B. too

     

    Icahn ups stake in Transocean to nearly 6%
    Carl Icahn reports a higher stake in offshore driller Transocean (RIG), whose shareholders rebuffed his proposal to get the company to pay a $4/share dividend but elected an Icahn ally to the board and tossed out the chairman.The 13-F filing shows Icahn owning ~21.5M shares as of June 30, a Q/Q increase of ~1.3M shares and representing nearly 6% of RIG's total outstanding shares; based on today's closing price of $46.98, they're worth slightly more than $1B.

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