Home > Boards > US Listed > Oil/Gas/Natural Energy Production > NGAS Resources (NGAS)

Under the terms of the definitive agreement (the

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
keyscruiser Member Profile keyscruiser  
Thursday, December 30, 2010 1:43:40 PM
Re: NightStockStalker post# 233 Post # of 266 
Under the terms of the definitive agreement (the "Arrangement Agreement"), each common share of the Company will be transferred to Magnum Hunter for the right to receive 0.0846 of a share of Magnum Hunter common stock. The exchange ratio for the transaction, which will not be adjusted for subsequent changes in market prices, was established based on an intra-day price of $6.50 for Magnum Hunter stock, representing a value to NGAS shareholders of $0.55 per share, a 41% premium to the NGAS closing price on December 23, 2010

http://www.stockwatch.com/News/Item.aspx?bid=U-z0209859-U:NGAS-20101227&symbol=NGAS&news_region=U


NGAS Resources (NGAS) Stock Trading Info:
NGAS Resources NGAS Stock Quote NGAS Resources NGAS Stock Charts NGAS Resources NGAS Financial
Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist