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Andrew Langham, Nicholas Graziano and Margarita Paláu-Hernández will join Occidental’s board as independent directors, the company said.
“We believe Oxy is a good company with good assets,” Icahn said in a statement.
The Wall Street Journal had first reported https://on.wsj.com/2wAUfmN that Occidental was nearing a truce with Icahn.