Bankrupt US energy producer Breitburn rebuffs $1.8 billion bid - Reu...

02/12/18


Bankrupt US energy producer Breitburn rebuffs $1.8 billion bid
Reuters
Breitburn's shareholders say Breitburn is worth $3.8 billion following a spike in oil prices since the company filed for bankruptcy in 2016. They argued in court that Breitburn had low-balled its valuation in order to favor creditors who stood to gain ...

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