Royal Dutch/Shell Group has made a formal offer of $2.2bn (€2.4bn) to shareholders of US oil company Barrett Resources, using Lehman Brothers as deal manager, after the Barrett board rejected its initial proposal.
Lehman helps Shell turn hostile on Barrett offer
Royal Dutch/Shell Group has made a formal offer of $2.2bn (€2.4bn) to shareholders of US oil company Barrett Resources, using Lehman Brothers as deal manager, after the Barrett board rejected its initial proposal.