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According to industry insiders, Forest Oil (FST -2.9%) has been approached by multiple potential...

According to industry insiders, Forest Oil (FST -2.9%) has been approached by multiple potential buyers in recent months, but the company's board didn't express any real interest in selling the company. It should be noted however, that the approaches were made prior to the firing of CEO H. Craig Clark in June and since his departure. The stock spiked on Friday over takeover speculation.
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