Icahn Says He's Not Aiming to Stop Occidental's Anadarko Deal

Icahn Says He's Not Aiming to Stop Occidental's Anadarko Deal

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses Carl's objections to the proposed acquisition of Anadarko, highlighting concerns about the lack of a shareholder vote, the terms of financing with Warren Buffett, and the high price of the deal. It raises issues of corporate governance and accountability, suggesting that the board has been rubber-stamping decisions without proper oversight. The discussion also explores alternative financing options and the need for strategic voices on the board to prevent future risky decisions. The potential risks of the acquisition and the importance of having a balanced approach to corporate governance are emphasized.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Carl's primary objection to the Anadarko acquisition?

The lack of a board vote

The high price of the acquisition

The involvement of Warren Buffett

The timing of the acquisition

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does Carl believe the acquisition could pose to the company?

A minor setback

An existential threat

A financial opportunity

A strategic advantage

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to Carl, what is lacking in the company's board?

Accountability

Diversity

Experience in mergers and acquisitions

Financial expertise

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does Carl criticize about the company's leadership?

Their investment in technology

Their communication with shareholders

Their focus on short-term profits

Their lack of experience in mergers and acquisitions

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What financial loss does Carl highlight as a result of the acquisition?

$4 billion

$2.2 billion

$3 billion

$1 billion

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Carl's goal in trying to get people appointed to the board?

To expand the company's market share

To prevent future risky decisions

To increase the company's profits

To improve employee satisfaction

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does Carl believe is necessary for the company's board?

More financial resources

New voices and perspectives

A focus on international markets

Increased marketing efforts