Alabama’s Montclair Energy makes a hostile $4/share takeover proposal to Equal Energy (EQU...

|About: Equal Energy Ltd. (EQU)|By:, SA News Editor

Alabama’s Montclair Energy makes a hostile $4/share takeover proposal to Equal Energy (EQU +11.2%), which is quickly rejected by EQU's board; it says it will consider requisitioning a special meeting of EQU’s shareholders.