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ISS Reaffirms Recommendation FOR Pending Acquisition of QEP Resources by Diamondback Energy


ISS Reaffirms Recommendation FOR Pending Acquisition of QEP Resources by Diamondback Energy
March 11, 2021 17:50 ET
| Source:
QEP Resources, Inc.
QEP Resources, Inc.
Denver, Colorado, UNITED STATES
DENVER, March 11, 2021 (GLOBE NEWSWIRE) QEP Resources, Inc. (NYSE: QEP) (QEP or the Company) today announced that Institutional Shareholder Services (ISS) has reaffirmed its previous recommendation of support for the proposed acquisition of QEP by Diamondback Energy, Inc. (Nasdaq: FANG) (Diamondback), citing the transaction’s “credible strategic rationale and multiple levers for value creation.”
The proposed acquisition continues to receive high levels of support from QEP shareholders and the Company continues to recommend its shareholders vote in favor of this compelling and value-creating transaction at the quickly approaching Special Meeting of QEP stockholders on March 16, 2021 (Special Meeting). ....

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Diamondback Energy, Inc. Announces Conditional Tender Offers and Consent Solicitations for Its 5.375% Senior Notes due 2025 and QEP Resources, Inc.'s 5.375% Senior Notes due 2022, 5.250% Senior Notes due 2023 and 5.625% Senior Notes due 2026

MIDLAND, Texas, March 04, 2021 (GLOBE NEWSWIRE) Diamondback Energy, Inc. (NASDAQ:FANG) (“Diamondback” or the “Company”) today announced that, in connection with the pending all-stock acquisition of QEP Resources, Inc. (“QEP”), it has commenced (i) a cash tender offer (the “Diamondback Tender Offer”) to purchase any and all of Diamondback’s outstanding 5.375% Senior Notes due 2025 (the “2025 Notes”) and (ii) cash tender offers (the “QEP Tender Offers” and, together with the Diamondback Tender Offer, the “Tender Offers”) to purchase any and all of QEP’s outstanding 5.375% Senior Notes due 2022 (the “2022 Notes”), 5.250% Senior Notes due 2023 (the “2023 Notes”) and 5.625% Senior Notes due 2026 (the “2026 Notes” and, together with the 2022 Notes and the 2023 Notes, the “QEP Notes” and, the QEP Notes together with the 2025 ....

Tender Offer , Consent Solicitations , Diamondback Energy , Qep Resources , ஒப்பந்தம் சலுகை , டயமண்ட்பேக் ஆற்றல் , கெப் வளங்கள் ,

Khashoggi report set to renew pressure on Saudi lobbyists


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KHASHOGGI REPORT SET TO RENEW PRESSURE ON SAUDI LOBBYISTS IN D.C.: The Biden administration this afternoon released a highly anticipated intelligence report that concluded Saudi Arabian Crown Prince ....

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