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Icahn Launches Proxy Fight Against Occidental

Anuradha Garg
Icahn Launches Proxy Fight Against Occidental

Activist investor Carl Icahn formally launched a proxy fight against Occidental Petroleum (OXY) on Thursday. Icahn disclosed a stake in Occidental as the company was locked in a bidding war with Chevron over Anadarko Petroleum. Afterward, Occidental won its bid for Anadarko with help from Berkshire Hathaway’s Warren Buffett. In May, Icahn sued Occidental Petroleum […]