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Icahn pushes for to replace 2 SandRidge directors

Jan. 09, 2018 9:26 AM ETSandRidge Energy, Inc. (SD) StockSDBy: Stephen Alpher, SA News Editor7 Comments
  • Please that the Bonanza merger was canceled, Carl Icahn nevertheless has "grave concerns" about a board that ever thought the deal was a good idea in the first place.
  • He requests the resignation and replacement of two directors to be selected by shareholders. As SandRidge's (NYSE:SD) largest shareholder, Icahn says one of those picks would be his.
  • He also asks for the poison pill to be terminated.
  • Open letter to board

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