Oil-and-gas company SandRidge Energy Inc. is terminating its agreement to buy Bonanza Creek Energy Inc., after getting pushback from some of its biggest stakeholders, including activist investor Carl Icahn. “After consultation with SandRidge’s largest shareholders, it became clear that the company would not receive approval for the transaction,” SandRidge said Thursday.

Source: Wall Street Journal December 28, 2017 23:16 UTC