KM Financial Solutions | UPDATE 3-Activist investor Icahn sells nearly a third of his Occidental Petroleum stake
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UPDATE 3-Activist investor Icahn sells nearly a third of his Occidental Petroleum stake

UPDATE 3-Activist investor Icahn sells nearly a third of his Occidental Petroleum stake

Activist investor Carl Icahn, who
has been waging a bitter battle against Occidental Petroleum
Corp’s board over its $38 billion acquisition of
Anadarko Petroleum, cut his holdings in the oil and gas producer
by nearly a third, according to an open letter to shareholders
released on Friday.

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