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KM Financial Solutions | UPDATE 1-Occidental adopts “poison pill” after Icahn raises stake to about 10%
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UPDATE 1-Occidental adopts “poison pill” after Icahn raises stake to about 10%

12 Mar UPDATE 1-Occidental adopts “poison pill” after Icahn raises stake to about 10%

Posted at 13:59h in News by
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Occidental Petroleum Corp said
on Friday it will implement a “poison pill” that aims to stop
investors from amassing more than 15% in the oil producer, a day
after activist investor Carl Icahn disclosed a nearly 10% stake.

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