Carl Icahn Takes Small Stake in Occidental Petroleum, Amid Bidding War for Anadarko - Yahoo! UK & Ireland Finance -BoardProspects

Carl Icahn Takes Small Stake in Occidental Petroleum, Amid Bidding War for Anadarko

Yahoo! UK & Ireland Finance May 3 2019 BoardNews

Activist investor Carl Icahn has taken a small stake in Occidental Petroleum, people close to the matter told CNBC on Friday. The company is in the middle of a rare bidding war for Anadarko Petroleum, having bid $38 billion for its smaller rival. Chevron had previously bid $33 billion for Anadarko. Shares of Occidental jumped 2% in extended trading Friday, immediately following the news...
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