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Mulacek launches legal spoiler

AS OIL Search boss Peter Botten presses the flesh in the US to woo institutional investors in takeover target InterOil, his charm offensive has already convinced independent proxy advisory firm Institutional Shareholder Services that his $3 billion offer for the explorer is a good deal.

Mulacek launches legal spoiler

ISS has recommended that shareholders in InterOil back the incumbent board and shoot down founder Phil Mulacek's bid to stack the board with his nominees, a mission that could threaten the friendly merger....

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