{"id":47729,"date":"2013-10-08T07:38:00","date_gmt":"2013-10-08T07:38:00","guid":{"rendered":"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/icahn-takes-6-stake-in-talisman-energy-to-seek-a-seat-in-the-board\/47700\/"},"modified":"2013-10-08T07:38:00","modified_gmt":"2013-10-08T07:38:00","slug":"icahn-takes-6-stake-in-talisman-energy-to-seek-a-seat-in-the-board","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/icahn-takes-6-stake-in-talisman-energy-to-seek-a-seat-in-the-board\/47729\/","title":{"rendered":"Icahn Takes 6% Stake in Talisman Energy, To Seek a Seat in the Board"},"content":{"rendered":"<p><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"ca-pub-1408583772585547\";\n\/* SMW - News Links *\/\ngoogle_ad_slot = \"3490797620\";\ngoogle_ad_width = 468;\ngoogle_ad_height = 15;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/p>\n<p>Activist investor, Carl Icahn said in a regulatory filing with the <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=TLM\" target=\"_blank\" rel=\"noopener\">NYSE: TLM<\/a>).\u00a0 Shares of Talisman soared about 9% in aftermarket hours. The billionaire investor is now the second biggest shareholder holder of the company with 6% stake.<\/p>\n<p><span id=\"more-47729\"><\/span><\/p>\n<p>Icahn seeks to discuss strategic alternatives with the company, which includes possible sale of assets and restructuring, showed the regulatory filing.<\/p>\n<p>In addition, Icahn also said that that he intends to take a seat in the Board.<\/p>\n<p>Commenting over Icahn\u2019s plans, Talisman\u2019s spokeswoman Phoebe Buckland said in a statement, \u201cWe are committed to acting in the best interests of the Company and give due consideration to constructive recommendations for strategies or actions that have the potential to increase shareholder value.\u201d<\/p>\n<p>This is the second major purchase for Icahn in the energy sector. Earlier in 2012, Icahn was at the center of boardroom upheaval at Chesapeake Energy Corp. Intense pressure from investors, spearheaded Icahn, ultimately resulted in the ouster of Chesapeake\u2019s very flamboyant co-founder, Aubrey McClendon.<\/p>\n<p>Besides, Carl Icahn also successfully brought changes at Transoceanic, the world\u2019s largest drilling contractor. Earlier in May, Transocean shareholders voted out the company\u2019s Chairman Michael Talbert and backed a nominee proposed by Icahn.<\/p>\n<p>&nbsp;<\/p>\n<div class=\"nr_popular_placeholder\" data-permalink=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/icahn-takes-6-stake-in-talisman-energy-to-seek-a-seat-in-the-board\/47729\" data-title=\"Icahn Takes 6% Stake in Talisman Energy, To Seek a Seat in the Board\"><\/div>\n<p><script id=\"mNCC\" language=\"javascript\">  medianet_width='600';  medianet_height= '250';  medianet_crid='814932888';  <\/script>  <script id=\"mNSC\" src=\"https:\/\/web.archive.org\/web\/20131011080359js_\/http:\/\/contextual.media.net\/nmedianet.js?cid=8CUT71M67\" language=\"javascript\"><\/script> <\/p>\n<p><!-- AddThis Button BEGIN --><\/p>\n<div class=\"addthis_toolbox addthis_default_style addthis_32x32_style\">\n<a class=\"addthis_button_preferred_1\"><\/a><br \/>\n<a class=\"addthis_button_preferred_2\"><\/a><br \/>\n<a class=\"addthis_button_preferred_3\"><\/a><br \/>\n<a class=\"addthis_button_preferred_4\"><\/a><br \/>\n<a class=\"addthis_button_compact\"><\/a><br \/>\n<a class=\"addthis_counter addthis_bubble_style\"><\/a>\n<\/div>\n<p><script type=\"text\/javascript\">var addthis_config = {\"data_track_addressbar\":true};<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/s7.addthis.com\/js\/250\/addthis_widget.js#pubid=pennystocksfinder\"><\/script><br \/>\n<!-- AddThis Button END --><\/p>\n<p>More Posts by this author<\/p>\n<ul>\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/stocks-surge-as-concerns-over-default-ease\/47813\"><br \/>\nStocks Surge as Concerns Over Default Ease<\/a><\/li>\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/gold-prices-below-1300-silver-prices-mainly-flat\/47808\"><br \/>\nGold Prices Below $1,300, Silver Prices Mainly Flat<\/a><\/li>\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/stocks-rally-across-the-board-as-concerns-over-debt-default-ease\/47806\"><br \/>\nStocks Rally Across-the-Board as Concerns over Debt Default Ease<\/a><\/li>\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/forex-market-update-dollar-index-steady\/47804\"><br \/>\nForex Market Update: Dollar Index Steady<\/a><\/li>\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/stocks-gain-more-than-1-in-early-trade\/47801\"><br \/>\nStocks Gain More Than 1% in Early Trade<\/a><\/li>\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/gold-prices-trade-near-1300-an-ounce-silver-prices-flat\/47794\"><br \/>\nGold Prices Trade Near $1,300 an Ounce, Silver Prices Flat<\/a><\/li>\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/stocks-futures-gain-sharply\/47792\"><br \/>\nStocks Futures Gain Sharply<\/a><\/li>\n<\/ul>\n<hr>\n<table style=\"border:none;margin:0;\">\n<tr>\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/web.archive.org\/web\/20131011080359im_\/http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/wp-content\/uploads\/userphoto\/5.jpg\" alt=\"edliston\" width=\"125\" height=\"125\" class=\"photo\"><\/td>\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n<div style=\"font-size:11pt;\"><b>Post Written By: Ed Liston <\/b><\/div>\n<div style=\"font-size:10pt;\">\n<p>Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.\n<\/p><\/div>\n<\/td>\n<\/tr>\n<\/table>\n<p><!--script type=\"text\/javascript\">\ngoogle_ad_client = \"pub-1408583772585547\";\n\/* 336x280, created 7\/9\/11 *\/\ngoogle_ad_slot = \"3552319058\";\ngoogle_ad_width = 336;\ngoogle_ad_height = 280;\n\n<\/script>\n<script type=\"text\/javascript\"\nsrc=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script--><\/p>\n<div style=\"margin:5px;margin-bottom:20px;font-size:11pt;\">&laquo; <a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/\">Return to Stock Market News<\/a> &laquo; <\/div>\n","protected":false},"excerpt":{"rendered":"<p>Activist investor, Carl Icahn said in a regulatory filing with the NYSE: TLM).\u00a0 Shares of Talisman soared about 9% in [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50312,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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