Sabine Oil and Gas Corp fka SOGCQ

[iambadbert]

Well it is stated as being the 1st step...

The Transactions will occur through multiple steps. First, Merger Sub will merge with and into Forest Oil (the “ Merger ”), with Forest Oil surviving the Merger as a wholly owned subsidiary of Holdco. In the Merger, each issued and outstanding Forest Oil common share will convert into the right to receive 0.1 (the “ Exchange Ratio ”) of a share of common stock of Holdco.

Concurrently with the Merger, New Sabine will directly and indirectly contribute (the “ Contribution ”) to Holdco all of the outstanding equity of Sabine Holdings in exchange for 33,013,641 shares of Holdco common stock (the “ Contribution Consideration ”). As a result of the Contribution, Sabine Holdings will become a wholly owned subsidiary of Holdco. After the Merger and the Contribution, the parties will effect several restructuring steps, including the merger of Sabine O&G and Forest Oil.

When I read that I sold my core... I just dont like peeps playing with my share count...

Let the dust settle and look at it again is my game plan GLTA