SUBSCRIBERS

Carl Icahn wins tussle with SandRidge as Bonanza deal is scrapped

Published Fri, Dec 29, 2017 · 09:50 PM
Share this article.

Calgary

SANDRIDGE Energy Inc, succumbing to a campaign led by activist investor Carl Icahn, gave up on its proposed purchase of rival oil and natural gas explorer Bonanza Creek Energy Inc.

After consultation with its largest shareholders, the company's board concluded that it would no…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here