November 8, 2019 / 6:49 PM / a month ago

CORRECTED-Activist investor Carl Icahn sells nearly a third of his Occidental Petroleum stake

(Corrects name spelling)

Nov 8 (Reuters) - Activist investor Carl Icahn, who has been waging a bitter battle against Occidental Petroleum Corp’s board over its $38 billion acquisition of Anadarko Petroleum, cut his holdings in the oil and gas producer by nearly a third, according to an open letter to shareholders he released Friday.

Icahn sold 10 million shares and now holds 23 million shares, valued around $900 million, he said. He had owned a $1.6 billion stake in Occidental as of May 30. (Reporting by Jennifer Hiller, Editing by Franklin Paul)

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