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Scrubber of activist hedge funds and all situations that look remotely special.
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  • Unearthing The Value Activist Carl Icahn Sees In Transocean (RIG) 0 comments
    Feb 15, 2013 4:20 PM | about stocks: RIG

    Activist investor Carl Icahn is back in action, this time announcing a 1.56% stake in Transocean (NYSE:RIG), his latest venture into the oil and gas industry. According to the company, Icahn's planned future purchase of Transocean shares would amount to at least 3.4 percent and make Icahn one of the top two shareholders, but it remains unclear as to whether he will take an activist role.

    Read the rest at the stockpucker blog here...

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Themes: hedge fund, carl icahn Stocks: RIG
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