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Icahn questions Transocean management’s strategies

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(Reuters) – Billionaire investor Carl Icahn piled more pressure on Transocean Ltd , saying the offshore driller’s mergers were “ill-advised” and development strategies “unsuccessful”, and urged investors to vote for a dividend of $4 per share and a new board in the annual meeting on May 17.

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Post Published: 07 March 2013
Found in section: Finance