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News Breaks | | | | February 19, 2013 | | 07:01 EDT |  | SD | TPG-Axon urges SandRidge investors to vote for its proposals
TPG-Axon, beneficial owner of 7% of the outstanding shares of SandRidge Energy, issued an open letter to SandRidge stockholders urging them to vote the GREEN consent card in favor of its proposals to amend the company’s bylaws and replace SandRidge’s entire Board of Directors with its slate of highly qualified director nominees. In the letter TPG-Axon commented: “Strategic blunders, extraordinary spending and poor governance have caused SandRidge stock to decline almost 80% since the 2007 IPO. This destruction of value is not an accident – it has been a result of the choices made, and actions taken, by Tom Ward and the current Board of Directors.” | |
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News For SD From The Last 14 Days Check below for free stories on SD the last two weeks. |
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| May 8, 2013 | | 08:05 EDT |  | SD | SandRidge Energy valued as a failed enterprise, says Susquehanna
Susquehanna remains positive on SandRidge Energy on the belief divestitures could aid performance and improve EBITDA. The firm adds shareholder activist attention will lead to more changes ahead and reiterates its Positive rating and $10 price target. | |
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