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Apache shares surge 15%

November 9, 20151:37 PM James Rose0 Comments

Apache Corp. shares jumped as much as 15 % on Monday after Bloomberg reported Sunday the oil company rejected a buyer’s offer.

The report, said it’s not clear if negotiations will continue after the rejected offer.

Apache’s surge came on a bad day for the broader oil market, as concerns about global oil demand helped push WTI down to $43.76.

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