Home Business Activist investor Icahn sells nearly a third of his Occidental Petroleum stake

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

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Activist investor Carl Icahn, who has been waging a bitter battle against Occidental Petroleum Corp’s board over its $38 billion (£29.76 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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