Comment on SandRidge approves director candidates proposed by dissident shareholder

SandRidge approves director candidates proposed by dissident shareholder

BY ADAM WILMOTH Energy Editor awilmoth@opubco.comFollowing a court order, SandRidge Energy Inc. on Tuesday clarified its position against a takeover attempt by dissident shareholder TPG-Axon. The Oklahoma City energy company had previously said that if hedge fund TPG-Axon Capital were successful in its move to oust the SandRidge board, the action would constitute a “change of control” that could cost the company more than $4.3 billion.

 

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