Transocean Ltd

Carl Icahn lost $90 million in his portfolio

Two of the many energy related shares in Carl Icahn portfolio's plunged on Monday trade causing the activist investors a paper loss of $90 million. The two companies are Chesapeake Energy Corp. and Transocean Ltd.

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Transocean, Icahn resolve proxy battle

Transocean Ltd announced on Monday its plans to appoint new members of its board of directors in Switzerland, an initial public offering of a Master Limited Partnership, and an equity payout of USD3 dividend.

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