Scandinavian Oil-Gas Magazine
http://www.scandoil.com/moxie-bm2/by_province/americans_onshore/usa/american-patriot-gets-22-cshare-takeover-offer-fro.shtmlAmerican Patriot gets 22 c/share takeover offer from Running Foxes Petroleum
American Patriot Oil and Gas Limited has an unsolicited takeover bid to acquire 100% of the company from Running Foxes Petroleum Inc.
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American Patriot Oil and Gas Limited has an unsolicited takeover bid to acquire 100% of the company from Running Foxes Petroleum Inc.
The all cash offer of $0.22 per share values the company at $35 million.
The bid is subject to RFP holding a relevant interest of over 90% of shares in AOW and the successful completion of a due diligence process by RFP.
