Battalion Oil Corp shares are trading higher after the company announced it has amended its merger agreement with Fury Resources for the acquisition of all outstanding shares of Battalion at $7.00 per share in cash.
Portfolio Pulse from Benzinga Newsdesk
Battalion Oil Corp shares rise following the amendment of its merger agreement with Fury Resources, which involves the acquisition of all outstanding shares of Battalion at $7.00 per share in cash.
September 20, 2024 | 11:43 am
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Battalion Oil Corp's stock price increased after announcing an amended merger agreement with Fury Resources, offering $7.00 per share in cash for all outstanding shares.
The announcement of an amended merger agreement with a cash offer of $7.00 per share is a positive development for Battalion Oil Corp, likely driving the stock price up as investors react to the acquisition terms.
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