sandridge in A Sentence

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    Sandridge Energy Inc.

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    The investor won the battle for control of Sandridge last week, taking five seats on the board.

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    The list includes Midstates Petroleum, whose previous attempt to buy Sandridge was rebuffed by the company- a move that was criticized by Icahn and some other shareholders.

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    Sandridge, which said earlier this month it was approached by 17 potential bidders including Icahn, is seeking more bids and has launched a review of its assets and strategies.

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    Sandridge Energy Inc has been approached by 26 potential bidders for a buyout of the company or some of its assets, the U.S. shale oil producer said on Friday, days after activist investor Carl Icahn took control of its board.

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