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SandRidge Energy Adopts ‘Poison Pill’ After Carl Icahn Increases Stake

wsj.com

SandRidge Energy Inc.’s board has adopted a so-called poison pill that would make it more difficult for activist investor Carl Icahn, who recently disclosed a 13.5% stake in the oil and gas producer, to increase his stake as he criticizes SandRidge’s plan to buy Bonanza Creek Energy Inc...

Mentions: Poison Pill Carl Icahn stake