Mexico's Alfa Said to Bid for Pacific E&P in Surprise Comeback

  • Alfa's offer comes after earlier dropping separate bid
  • O'Hara, Pacific management could end up backing Alfa's offer

Mexican conglomerate Alfa SAB is back in talks to take over Pacific Exploration & Production Corp. with a sweetened bid for the beleaguered Colombian oil producer, according to people with knowledge of the matter. Shares of Pacific jumped.

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