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Actionable news in IOC: INTEROIL CORPORATION,

Exxon’s bid for InterOil slammed as "vastly inadequate" by InterOil founder

Former InterOil (NYSE:IOC) chairman/CEO Phil Mulacek - as well as the company's third-largest investor, with a 5.35% stake - says ExxonMobil’s (NYSE:XOM) takeover offer is “vastly inadequate” and urges XOM to sweeten the offer.

Mulacek claims...


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