Deals Report: Icahn's Occidental Demand, TDR Said to Eye Speedway

The video discusses Carl Icahn's dissatisfaction with Occidental's acquisition of Anadarko, highlighting his efforts to replace the board and his criticism of the deal with Warren Buffett. It also covers the potential sale of Speedway gas stations, with TDR Capital and 7-Eleven as interested buyers, and the strategic decisions facing Marathon regarding the sale or spinoff of Speedway.

What is Carl Icahn's main issue with Occidental's deal to buy Anadarko?

• The deal was too expensive.

• There was no shareholder vote on the deal.

• The deal was not approved by the government.

• The deal was completed too quickly.

What action has Carl Icahn taken to address his concerns with Occidental?

• He has withdrawn his investments.

• He has partnered with another investor.

• He has nominated directors and sued the company.

• He has sold all his shares.

Which companies are interested in purchasing Speedway gas stations?

• Costco and Walmart

• ExxonMobil and Chevron

• TDR Capital and 7-Eleven

• Shell and BP

What strategic decision does Marathon need to make regarding Speedway?

• Whether to merge Speedway with another company

• Whether to sell Speedway or spin it off

• Whether to expand Speedway internationally

• Whether to close Speedway locations

What role did Elliott Management play in Marathon's current situation?

• They opposed the sale of Speedway.

• They provided financial backing for the sale.

• They influenced Marathon's decision through shareholder activism.

• They acquired a majority stake in Marathon.