Oil company Amerisur snubs bid overture from French rival Maurel & Prom
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PARIS (Reuters) - Latin America-focused oil exploration company Amerisur Resources on Monday snubbed bid overtures from French rival Maurel & Prom , saying Maurel's possible 210 million pounds sterling offer undervalued it.Maurel & Prom said on Monday that its possible offer was priced at 17 pence per share for Amerisur, whose shares closed at 16.52 pence on Friday. Maurel said Amerisur could help the French group boost its range of assets in Latin America.The offer would comprise 12.5 pence in..