Activist investor Carl Icahn has bought 1.56% of Transocean's shares. In the following video, Foolish senior analyst Mike Olsen explains why he sees the move as a long-term win for shareholders.
Free Article
Accountability and Opportunity in Deepwater Drilling
By Michael Olsen, CFA
–
Jan 21, 2013 at 10:45AM
NYSE: RIG
Transocean
Market Cap
$5B
Today's Change
(0.61%) $0.04
Current Price
$5.78
Price as of April 26, 2024, 10:31 a.m. ET
Why Icahn's Transocean move is a plus for investors.
Michael Olsen, CFA, and The Motley Fool own shares of Transocean. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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