Posted inNews

Sour shareholders

Credit: Brad Gregg TPG-Axon, which holds a 4.5 percent stake in SandRidge, charged in a Nov. 8 letter to SandRidge’s board that the company had engaged in reckless spending and that shareholders had experienced a 76-percent decline in stock price. TPG-Axon requested that the company be sold, Tom Ward replaced as CEO and board members […]

Gift this article