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LONDON (Reuters) -Capricorn Energy shareholder Schroders would vote against the oil and gas producer's planned merger with Tullow Oil in its current form, the investment company's head of UK and European Mid and Small Caps told Reuters on Tuesday. Andy Brough added a fairer deal would see Capricorn shareholders get 70% of the new entity. The current plan, which sees 47% go to Capricorn shareholders, has been criticised by other Capricorn investors.
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