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UPDATE 4-SandRidge strikes deal that could lead to CEO's removal

2013-03-14 15:34:26| Oil & Gas - Topix.net

SandRidge Energy Inc and activist hedge fund TPG-Axon Capital struck a deal on Wednesday that could lead to the removal of the oil and gas company's chief executive, marking the second time in two months that allegations of self-dealing and poor performance have shaken a U.S. energy firm.

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