Icahn Nominates 3 to Transocean (RIG) Board, Seeks $4/Share Dividend

Article Related Press Releases (1) Related Articles (7) Stock Quotes (1) Comments (0)

Transocean (NYSE: RIG) announced that certain Funds affiliated with Carl Icahn submitted to the company for vote at its 2013 Annual General Meeting of Shareholders (AGM) a dividend proposal of $4.00 per share. Additionally, the Funds provided a notice of nomination of 3 director candidates for election to Transocean's Board of Directors at its 2013 AGM and a proposal to repeal the company's staggered board.

The Transocean Board of Directors will evaluate the proposals in due course.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• Potential 'Rip' Today in Transocean (RIG), Analyst has Eye on May $57.50 Calls
• Tepper Remains Bullish, Says Fed Could Taper Down
• Dell (DELL) Special Committee Sends Letter to Icahn, Southeastern

Create E-mail Alert Related Categories

Corporate News, Dividends, Hedge Funds

Related Entities

Carl Icahn, Dividend

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?