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In spite of many class action lawsuits accusing Petrohawk's (HK) board of not evaluating all...

In spite of many class action lawsuits accusing Petrohawk's (HK) board of not evaluating all options before agreeing to a $12.1B acquisition by BHP Billiton (BHP), the company insists it's unlikely to attract a rival bid. BHP expects to close the acquisition in Q3, and believes Petrohawk will average 10%+ annual production growth for the rest of the decade.
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