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  1. #1
    Senior Member
    Join Date
    Jun 2012
    Posts
    177

    Carl Icahn to Use New Influence in Transocean to Create MLP

    Carl Icahn's recent purchase of shares in Transocean to boost his ownership has led some to believe that he may use his influence to pressure the drilling company to form a MLP and take advantage of the tax free structure.

    Seadrill Ltd, another offshore drilling company, already spun off assets to create Seadrill Partners LLC in October.

  2. #2
    Member
    Join Date
    Jul 2012
    Posts
    79
    Watch the share price of Transocean start to increase now. Just the rumour alone will have enough power to increase its stock.