PLease,Tweet Carl Icahn about JCP Now!He will tweet back!Carl Icahn tweeted and filed a 13D simultaneously on Talisman Energy, Inc. (NYSE: TLM) after the close, disclosing a 5.97%, or 61,554,602 share, stake in the company
Carl Icahn tweeted and filed a 13D simultaneously on Talisman Energy, Inc. (NYSE: TLM) after the close, disclosing a 5.97%, or 61,554,602 share, stake in the company. He did not hold shares at the end of the latest quarter ending June 30, 2013.
On twitter, the hedge fund titan said: "Disclosed approx 61 million share position in Talisman Energy. May have conversations with mgmt re strategic alternatives, board seats, etc."
Shares surged immediately upon the disclosure.
Item 4. Purpose of Transaction
The Reporting Persons acquired their positions in the Shares in the belief that they were undervalued relative to the value of the Issuer’s underlying assets. The Reporting Persons intend to have conversations with members of the Issuer's management to discuss strategic alternatives which may enhance shareholder value, including, among other things, asset sales or potential corporate restructuring. The Reporting Persons may also discuss the possibility of shareholder board representation.
The Reporting Persons may, from time to time and at any time: (i) acquire additional Shares and/or other equity, debt, notes, instruments or other securities (collectively, "Securities") of the Issuer (or its affiliates) in the open market or otherwise; (ii) dispose of any or all of their Securities in the open market or otherwise; or (iii) engage in any hedging or similar transactions with respect to the Securities.
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