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PNG

InterOil rebounds on deal support

INTEROIL recovered much of its Friday losses in New York trading after revealing it was considering appealing to the Supreme Court about a Yukon court ruling that its proposed takeover by ExxonMobil was unfair to shareholders.

"Despite this disappointing ruling, we're pleased that ExxonMobil has advised that they remain fully supportive of the transaction as InterOil works through the issues raised by the court," InterOil chairman...

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