China bans companies from buying chips from Micron Technology, PDC Energy is being acquired by Chevron, Meta Platforms is fined $1.3 billion by privacy regulators in the European Union, and PacWest sells off real estate loans.
Chevron has signed a deal to buy shale firm PDC Energy in a transaction valued at $6.3 billion, potentially a sign of accelerating deal-making in the shale patch.
Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of PDC Energy, Inc. to Chevron Corporation for 0.4638 shares of Chevron for each PDC share is fair to PDC. | May 22, 2023
1623 Capital LLC bought a new position in PDC Energy, Inc. (NASDAQ:PDCE – Get Rating) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 23,695 shares of the energy producer’s stock, valued at approximately $1,504,000. PDC Energy accounts for 1.1% […]