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Update: Barrett Board to Consider Hostile Shell Tender Offer
Updated from 11:16 a.m.
Barrett Resources (BRR Quote) said Monday its board of directors will meet within 10 days to consider a $55-a-share hostile tender offer from Shell Oil.
"Until such time, the Company urges shareholders to take no action with respect to their holdings of Barrett," the company said in statement issued after the close of trading. ...
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