Chesapeake Energy and Southwestern Energy, two of the largest natural gas producers in the United States, announced plans to merge on Thursday, in an all-stock deal worth $7.4 billion. The new company would become one of the largest energy producers in the United States, with a significant presence in Louisiana and Texas.Combined, the two companies would have a market value of about $24 billion, challenging rivals like Chevron and EQT. By Thursday afternoon, Chesapeake’s share price was up more than 5 percent.
There are plenty of smaller players wanting to get married off.
WDS should just put a fair (not high) number to STO shareholders, and say take it or leave it. If STO are too self loving and overestimating themselves, WDS should just shop somewhere else.
There's no need to f***k around in this environment. Contrary to what bankers may think, there's no need to play games either by elongating a mating dance.
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$27.47 |
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Mkt cap ! $52.15B |
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$27.63 | $27.74 | $27.47 | $119.0M | 4.321M |
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11 | 27695 | $27.46 |
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20 | 19821 | 27.450 |
5 | 14388 | 27.440 |
6 | 12043 | 27.430 |
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27.490 | 3191 | 2 |
27.500 | 3469 | 2 |
27.520 | 1361 | 1 |
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$27.50 |
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