GSC/NOW GSTC --- Very Nice Bounce. close watch base on...
Gastar Exploration +11%, says will consider restructuring deal proposals
Aug. 1, 2018 8:08 AM ET|About: Gastar Exploration Inc. (GST)|By: Carl Surran, SA News Editor
Gastar Exploration (NYSEMKT:GST) +11.7% premarket after saying it is considering potential strategic transactions, including financing, sale or merger deals, and is encouraging proposals from existing stakeholders and interested third-parties.
GST said last week that it was considering a restructuring and received a non-binding preliminary term sheet from funds affiliated with Ares Management proposing a potential restructuring through a sale.