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Post# of 116676
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researcher59

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Re: 2morrowsGains post# 112670

Thursday, 05/16/2024 7:39:11 AM

Thursday, May 16, 2024 7:39:11 AM

Post# of 116676
SBOW (32.35) bought out at $38 or 3.125 shares of CRGY (12.25). If too many shareholders select the cash option, they'll get some shares, pro rata, in lieu of cash.

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SilverBow shareholders will receive 3.125 shares of Crescent Class A common stock for each share of SilverBow common stock, with the option to elect to receive all or a portion of the proceeds in cash at a value of $38 per share, subject to possible pro ration with a maximum total cash consideration for the transaction of $400 million.
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