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  "documentTitle": "Capricorn Energy PLC (CNE)",
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  "authorName": "James Smith",
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      "kind": "callout",
      "text": "The Proposed Merger materially undervalues Capricorn... we strongly believe that Capricorn can realise value of at least 330 pence per share, representing a 50% upside to the current share price and a 67% upside to the terms of the Proposed Merger.",
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      "text": "For the reasons outlined in this letter, we believe the essential – only legitimate – course of action is for you, the Capricorn Board, to immediately withdraw your recommendation for the Proposed Merger.",
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      "text": "We write to you on behalf of Palliser Capital Master Fund Limited... about the Proposed Merger and path forward for the Company.",
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      "kind": "paragraph",
      "text": "While we have listened carefully... we continue to strongly disagree with your view that the Proposed Merger represents an accretive step forward.",
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      "text": "https://www.londonstockexchange.com/news-article/market-news/form-8-3-capricorn-energy-plc/15576070",
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      "text": "Proposed All-Share Combination of Capricorn Energy PLC (the “Company” or “Capricorn”) and Tullow Oil PLC (“Tullow”) (the “Proposed Merger”)",
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