Reuters: Business News: Transocean board hits back at Icahn's strategy proposals

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Transocean board hits back at Icahn's strategy proposals Mar 18th 2013, 03:10 (Reuters) - The board of Transocean Ltd hit back at billionaire Carl Icahn in response to the activist investor's demands for a larger dividend and directors charged with pursuing what the offshore driller called his "short-term strategy."

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