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Stock Market & Financial Investment News

News Breaks
December 2, 2013
08:07 EDTTLM, IEPTailsman enters into agreement with Carl Icahn and affiliates
Talisman Energy (TLM) announced that the company has entered into an agreement with Carl C. Icahn and his affiliates. As part of this agreement, Samuel Merksamer and Jonathan Christodoro will join the company's Board of Directors in December. As previously announced, Talisman's President and CEO, Hal Kvisle intends to step down at an appropriate time in 2014 and the succession process is underway. Merksamer and Christodoro are Managing Directors of Icahn Capital L.P., a subsidiary of Icahn Enterprises L.P. (IEP), which together with its affiliates beneficially owns approximately 7% of the Talisman common shares outstanding. Related to these appointments, certain standstill restrictions will remain in effect until the later of the conclusion of the 2014 annual meeting or the date both of the Icahn nominees cease to be members of the Board. One of the new directors will sit on Talisman's CEO succession committee. In addition, Icahn has agreed that he will vote the shares he controls in support of Talisman's slate of director nominees at the company's 2014 annual meeting of shareholders.
News For TLM;IEP From The Last 14 Days
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April 15, 2014
17:32 EDTIEPIcahn Enterprises looks attractive, Barron's says
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April 3, 2014
08:02 EDTTLMCanadian Association of Petro Producers & Scotiabank co-host a symposium
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