Cimarex Had Merger Talks With Other Companies Before Cabot Deal
(Bloomberg) Cimarex Energy Co. had merger talks with five other shale rivals before it agreed to be acquired by Cabot Oil Gas Corp. for $6.7 billion, a disclosure that will likely fuel criticism of the deals strategic rationale. Cimarex escalated discussions with one other unnamed company besides Cabot by signing a non-disclosure agreement []
Cimarex Had Merger Talks With Other Companies Before Cabot Deal
(Bloomberg) Cimarex Energy Co. had merger talks with five other shale rivals before it agreed to be acquired by Cabot Oil Gas Corp. for $6.7 billion, a disclosure that will likely fuel criticism of the deals strategic rationale. Cimarex escalated discussions with one other unnamed company besides Cabot by signing a non-disclosure agreement []