SilverBow Resources turns down Kimmeridge's $2.1bn offer
SilverBow Resources has declined Kimmeridge Energy Management's $2.1bn acquisition offer, citing undervaluation, according to Reuters.
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SilverBow Resources has declined Kimmeridge Energy Management's $2.1bn acquisition offer, citing undervaluation, according to Reuters.
Kimmeridge’s proposal to combine Eagle Ford players Kimmeridge Texas Gas (KTG) and SilverBow Resources is gaining support from another large investor.
Investment firm Kimmeridge Energy Management, which first asked for additional SilverBow Resources board seats, has followed up with a buyout offer. A deal would make a nearly 1 Bcfe/d Eagle Ford pureplay.
Shares of SilverBow Resources, Inc. (NYSE:SBOW – Get Free Report) have received a consensus rating of “Moderate Buy” from the seven brokerages that are covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12 month […]
Altair Engineering Inc. (NASDAQ:ALTR – Get Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the seven brokerages that are covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price […]