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Activist Stocks: Ackman And AGN; MGM Fight, CHK, More

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Activist aficionados,

Below is a nice ream of news and couple stories. Send us tips via Twitter at @activiststocks or email, and sign up for our daily newsletter.

News:

  • Carl Icahn has upped its stake in Chesapeake Energy from 66M shares to 73M, now owning a cool 11% of the oil and gas company. Shares are flat since Icahn filed its initial 13D.
  • MGM has rejected L&B’s nominations for the board, ultimately, setting up a proxy fight.
  • Callon Petroleum has made an agreement with Lone Star Value Management, saying that it will add an independent director to its 7-person board. The fund owns just over 5% of the small cap oil and gas company and has mentioned a potential sale of...

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