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KM Financial Solutions | UPDATE 1-SandRidge rebuffs Icahn, boosting ruckus over shale firm’s fate
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UPDATE 1-SandRidge rebuffs Icahn, boosting ruckus over shale firm’s fate

22 Jan UPDATE 1-SandRidge rebuffs Icahn, boosting ruckus over shale firm’s fate

Posted at 22:42h in News by
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Jan 23 (Reuters) – U.S. shale oil producer SandRidge Energy
Inc rejected demands from activist investor Carl Icahn on
Tuesday to replace two of its board members and amend its
bylaws, saying any changes should be approved by a majority of
shareholders.

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