Magellan Announces Formation of Special Committee to Review Strategic Alternatives
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Magellan Petroleum (MPET) Forms Special Committee to Evaluate Alternatives
July 6, 2015 6:03 AM EDTMagellan Petroleum (NASDAQ: MPET) announced the formation of a special committee of independent members of the Board of Directors of the Company (the "Special Committee") to consider various strategic alternatives potentially available to the Company. The formation of the Special Committee is not in response to any proposal received by the Company or an approach by a third party.
The Special Committee is authorized to... More
