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 KMFSLLP
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.
![](http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/mnKGJxFLo8Y)
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