Breitburn faces shareholder showdown over bankruptcy exit plan
10 Jan Breitburn faces shareholder showdown over bankruptcy exit plan
Posted at 15:27h
in
News
by KMFSLLP
Jan 11 (Reuters) – Breitburn Energy Partners LP
will ask a U.S. court on Thursday to approve its Chapter 11
bankruptcy exit plan over fierce objections from shareholders
who say the oil-and-gas producer’s valuation is “indefensibly
low” given an upswing in oil prices.
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