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Transocean’s announcement this week that billionaire Carl Icahn bought 1.56 percent of its shares and sought regulators’ permission to own more than 3 percent stirred a debate in the investment community as the activist investor known for shaking up companies remained silent about his intentions.

Photographer: Scott Eells/Bloomberg

Transocean’s announcement this week that billionaire Carl Icahn bought 1.56 percent of its shares and sought regulators’ permission to own more than 3 percent stirred a debate in the investment community as the activist investor known for shaking up companies remained silent about his intentions.
January 16, 2013
Article
Icahn’s Stake Pushes Transocean Closer to Partnership
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