GeoPark shares drop 11% after Parex ends takeover talks
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GeoPark Limited (NYSE:GPRK) slid 11% on Tuesday after Parex Resources Inc. (TSX:PXT) announced it was walking away from discussions over a potential acquisition, effectively ending more than a month of back-and-forth between the two companies. Parex said its decision followed a detailed review of GeoPark’s data as well as multiple virtual and in-person meetings with […]
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