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Financials

SandRidge says Icahn seeking control without paying premium

May 29 (Reuters) - SandRidge Energy Inc said on Tuesday activist investor Carl Icahn is seeking to gain control of the oil and natural producer without paying an appropriate premium or participating in a competitive process.

Icahn is looking to replace SandRidge’s board and added two more nominees to his slate after the company expanded the board. (Reporting by Laharee Chatterjee in Bengaluru; Editing by Sriraj Kalluvila)

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