Just another Network site

Range Resources to Buy Memorial Resource in $4.4 Bln Deal

Range Resources to buy Memorial Resource in $4.4 billion deal

  • Memorial Resource Development’s shareholders will receive 0.375 of a Range Resources share for each share they hold, the companies said.
  • Range Resources to Buy Memorial Resource in $4.4 bn Deal
  • Memorial Resource Development will also have the right to nominate an independent director to Range Resources’ board.

Read the full article, click here.


@FortuneMagazine: “Range Resources to buy Memorial Resource in $4.4 billion deal”


Range Resources Corp said on Monday it would buy fellow oil and gas producer Memorial Resource Development Corp for $3.3 billion plus assumption of $1.1 billion in debt to expand in the Appalachian and U.S. Gulf Coast regions.


Range Resources to Buy Memorial Resource in $4.4 Bln Deal

Comments are closed, but trackbacks and pingbacks are open.