Icahn Seeks Control of Occidental Board

The video discusses Carl Icahn's efforts to replace Occidental's board due to dissatisfaction with the Anadarko takeover and its financing. Despite his small stake, Icahn aims to initiate a strategic review, possibly leading to a sale. Investor concerns include stock value decline and leverage. Potential buyers like Chevron and Exxon are considered. Occidental plans to sell assets and reduce spending to manage debt. Analysts are divided on the company's financial health and dividend sustainability. The nomination deadline for new directors is approaching.

What was Carl Icahn's main objective regarding the board of directors?

What were the points of contention that Carl Icahn had with the Anadarko takeover?

How did the stock prices react after the news of Occidental's bidding war for Anadarko?

What strategies did Occidental outline to address the financial issues raised by Carl Icahn?

What is the significance of the deadline for nominations mentioned in the text?