Cove Shares Soar As Shell Again Pushes $1.8B Offer Deadline

Law360, New York (June 28, 2012, 1:39 PM EDT) -- Royal Dutch Shell PLC on Thursday pushed back the deadline for its $1.8 billion Cove Energy PLC tender offer for the third time, widening its window to swoop in with a higher bid to trump a Thai rival in their four-month bid war.

The offer, which previously was set to close Wednesday, will stay open until July 11. The move comes after the Thai company, PTT Exploration & Production PCL, on Monday extended to July 6 the deadline for its $1.9 billion offer, approved in an...
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