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Carl Icahn is suing Occidental Petroleum (OXY), seeing information on the deal to buy Anadarko (APC) and the sale and financing processes with Total (TOT) and Berkshire Hathaway (BRK.B).
Icahn (IEP) has now accumulated over $6 billion of OXY stock, a meaningful portion of his and IEP's overall portfolio and indicative of his confidence of unlocking value. This could be through governance changes at Occidental, through blowing up the deals with Anadarko, Total and Berkshire, or both.