When asked if Carl Icahn is probably involved in merger and acquisition activity with Talisman Energy Inc. TLM, Morningstar Analyst David Meats said he doesn’t think Carl Icahn feels it was a great idea to buy into Talisman in the first place.
“Whether he would be really motivated to get rid of this thing at what could be the bottom of the market, that’s a question mark,” he said.
Meats said it would depend on Icahn’s long-term view for oil prices.
Earlier Monday, Talisman confirmed that it has been in talks with Repsol SA REPYY.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.