Crescent Energy And SilverBow Resources Announce Expiration Of Hart-Scott-Rodino Act Waiting Period, In Connection With Crescent's Pending Acquisition Of SilverBow
Portfolio Pulse from Benzinga Newsdesk
Crescent Energy Company (NYSE:CRGY) and SilverBow Resources, Inc. (NYSE:SBOW) have announced the expiration of the Hart-Scott-Rodino Act waiting period, a key step towards Crescent's acquisition of SilverBow. Stockholder meetings are scheduled for July 29, 2024, and the transaction is expected to close shortly after approval.
July 02, 2024 | 12:21 pm
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Crescent Energy (CRGY) has announced the expiration of the HSR Act waiting period, a significant step towards its acquisition of SilverBow Resources. The transaction is expected to close after stockholder approval on July 29, 2024.
The expiration of the HSR Act waiting period is a critical regulatory milestone, indicating that the acquisition is progressing as planned. This positive development is likely to boost investor confidence in Crescent Energy.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
SilverBow Resources (SBOW) has announced the expiration of the HSR Act waiting period, a key step towards its acquisition by Crescent Energy. The transaction is expected to close after stockholder approval on July 29, 2024.
The expiration of the HSR Act waiting period is a significant regulatory milestone, indicating that the acquisition is on track. This positive development is likely to boost investor confidence in SilverBow Resources.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100