1. SandRidge Energy Lashes out at Icahn Capital for Attempting to Control its Board

    SandRidge Energy Lashes out at Icahn Capital for Attempting to Control its Board

    The fierce dispute between the oil and natural gas group SandRidge Energy ( NYSE:SD ), and the activist investor Carl Icahn took another turn today as a new letter to shareholders from SanRidge harshly criticizes its biggest shareholder Icahn Capital for attempting to take over its board...

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    1. Icahn has made clear his desire to acquire SandRidge, and is seeking to gain control without paying you an appropriate premium or participating in a competitive process.
    2. We believe this drastic measure is warranted because, since emerging from bankruptcy, the board has exhibited a clear and consistent pattern of failure.
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