GeoPark Rejects Parex’s $9.00 Per Share Offer
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GeoPark Limited rejected Parex Resources Inc.'s unsolicited $9.00 per share acquisition offer, stating it undervalued the company. GeoPark's Board established a Special Committee to evaluate potential revised offers and strategic alternatives. Discussions have halted, with GeoPark maintaining Parex's offer does not reflect its value. The news was generated by Public Technologies using AI and is for informational purposes only.
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