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