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SandRidge asks shareholders to reject plan

SandRidge on Thursday urged shareholders to reject a plan to oust its directors, noting that such a move would be a “change of control” that would require SandRidge to offer buybacks on more than $4 billion in senior notes.

BY ADAM WILMOTH Published: December 28, 2012
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SandRidge Energy Inc. directors on Thursday urged shareholders to reject a plan to oust the board, noting the move would be a “change of control” that could cost the company more than $4.3 billion.

The regulatory filing...
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