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Timothy Smith

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Timothy Smith

Re: KingDMC post# 41

Monday, 05/11/2015 10:43:26 AM

Monday, May 11, 2015 10:43:26 AM

Post# of 89
Noble Energy (NYSE:NBL) has agreed to acquire Rosetta Resources (NASDAQ:ROSE) for $2.1B in stock, giving the energy producer a position in two of the largest areas of shale production in the U.S. - Eagle Ford and Permian.

Under the terms of the deal, Rosetta shareholders will receive 0.542 of a Noble share for each Rosetta share they hold. Noble will also assume Rosetta’s $1.8B in net debt.

Noble Energy to buy Rosetta Resources for $2.1B
http://www.seekingalpha.com/news/2509626

Purely My Own Opinion. Do Your Own Due Diligence.

“Formula for success: rise early, work hard, strike oil.” - J. Paul Getty

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