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Cabot Oil Gas And Cimarex Energy To Combine In All-Stock Merger Of Equals

Cabot Oil & Gas Corporation (“Cabot”) (NYSE: COG) and Cimarex Energy Co. (“Cimarex”) (NYSE: XEC) today announced that.

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US: Cabot and Cimarex to combine in all-stock merger of equals

Cabot Oil & Gas and Cimarex Energy have entered into a definitive agreement whereby the companies will combine in an all-stock merger of equals. The combination will bring together two industry-leading operators with top-tier oil and natural gas assets to create a diversified energy leader that is positioned to drive enhanced free cash flow generation and returns for investors through market cycles.

United statesRosen katzScott schroederThomase jordenDano dingesBaker bottsOil gas producerCabot oil gasand cimarex energyhaveJp morgan securitiesFree cash flow focused energy companyHolt coEnergy companyCabot oil gas corp cimarexDiversified energy companyStrong free cash flow profileDeliver superior

Cabot to merge with Cimarex Energy at a per-share offer value of $71 50

Cimarex shareholders will own 50.5% of the $17 billion joint company. Cabot’s CEO Dan Dinges will take on the role of executive chair of the board. Cabot Oil & Gas Corporation (NYSE: COG) said on Monday it will merge with Cimarex Energy Co (NYSE: XEC), forming a new oil and gas producer in the United States worth about $17 billion (£12 billion). Cabot shares tanked over 3% in premarket trading on Monday and lost another 3% on market open to trade at $16.66 per share that matches the price at which the stock started the year 2021. The deal will result in cost savings for both companies Are you looking for fast-news, hot-tips and market analysis?

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Cabot Oil, Cimarex Energy To Combine In All-Stock Merger Of Equals

Cabot Oil, Cimarex Energy To Combine In All-Stock Merger Of Equals
finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.

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Colleges banning conservative commencement speakers, 1 vs 37 liberals

Colleges banning conservative commencement speakers, 1 vs. 37 liberals Paul Bedard © Provided by Washington Examiner The nation’s top colleges and universities are continuing to crack down on the diversity of thought, essentially banning conservative commencement speakers this year. In its annual survey, Young America’s Foundation said that of the 100 top schools that have identified their speaker, 37 are featuring notable and national liberals and one a conservative. By comparison to other years, the group said that 2021 may be the worst-ever showing for conservatives. YAF noted that some liberal speakers are in such high demand that they are giving more than one commencement address, according to the list shared with Secrets.

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