Carl Icahn, the activist shareholder that spurred Aubrey McClendon’s downfall at Chesapeake Energy Corp. (NYSE: CHK), has bought a 6% stake in Talisman Energy (NYSE: TLM).
Icahn revealed on his Twitter account that he had “disclosed approximately 61 million share position in Talisman Energy. (I) may have conversations with management (about) strategic alternatives, board seats, etc.”
Icahn’s shares in the company were acquired “in the belief that they were undervalued relative to the value of the issuer's underlying assets,” according to a Securities and Exchange Commission filing.
Icahn’s filing states ...