(Bloomberg) — Carl Icahn‘s advanced his effort to replace Occidental Petroleum Corp.’s entire board by submitting nominations for as many as 14 directors, according to people familiar with the matter.Icahn, who owns a stake in the company valued at about $1 billion, filed his slate of directors on Tuesday, said the people, who asked not to be identified because the matter is private. The candidate slate is designed to replace all 10 members of the current board as well as fill new seats that might be created under Occidental’s bylaws, the people said.A representative for Icahn declined to comment. A …read more
Source:: Yahoo Finance
