SandRidge puts up website to fight shareholders' challenge
BY ADAM WILMOTH NewsOK.com
Saturday, January 19, 2013
1/19/13 at 5:18 AM
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OKLAHOMA CITY - SandRidge Energy Inc. unveiled a new website Friday to help it fight an ongoing challenge from one of its largest shareholders.
The site - SupportSandRidge.com - contains information about SandRidge's directors, letters to shareholders and instructions for voting against an effort to oust the company's directors.
"We created SupportSandRidge.com as a dedicated site for stockholders to easily find information related to SandRidge's response to TPG-Axon's consent solicitation," said Greg Dewey, vice president of communications for Oklahoma City-based SandRidge.
Shareholder TPG-Axon has blamed SandRidge management for an 80 percent stock price drop since its initial public offering in 2007. TPG-Axon has asked shareholders to vote out SandRidge's directors and replace them with a slate of its own choosing.
Original Print Headline: Site to support SandRidge
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