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UK Energy Biz Rejects Alternative To $340M Merger Deal

By Najiyya Budaly (January 5, 2023, 12:50 PM GMT) -- Capricorn Energy said on Thursday that a shareholder's alternative plan to the U.K. company's proposed $338 million merger with Israeli natural gas exploration business NewMed Energy would cause "value destruction," because it is based on "incorrect facts and assumptions."...

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