Transocean (RIG -0.6%) releases an investor presentation ahead of its May 17 shareholder...

|About: Transocean Ltd. (RIG)|By:, SA News Editor

Transocean (RIG -0.6%) releases an investor presentation ahead of its May 17 shareholder meeting, refuting Carl Icahn's claims as based on "overly simplistic and highly flawed analysis" and noting Icahn's board nominees are "captive to his misguided agenda." Icahn urges shareholders to vote against Chairman Mike Talbert, whose promise to resign if elected is "utterly absurd."