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Stock impact report

Denbury to Acquire Penn Virginia in $1.7 Billion Transaction

DENBURY RESOURCES (DNR) 
Last denbury resources earnings: 2/25 06:30 am Check Earnings Report
Company Research Source: GlobeNewswire
Creates Leading, Diversified Mid-Cap Oil Producer with Top-Tier Industry Margins and Strong Production Growth Trajectory Adds New Core Area in Oil Window of the Eagle Ford ShaleProviding Short-Cycle Investment Optionality and Future EOR Potential Immediately Accretive to Cash Flow Per Share and Other Key Per-Share Metrics Denbury and Penn Virginia to Host Joint Conference Call at 7:30 a.m. CDT PLANO, Texas, Oct. 28, 2018 (GLOBE NEWSWIRE) -- Denbury Resources Inc. (NYSE: DNR) (“Denbury”) and Penn Virginia Corporation (NASDAQ: PVAC) (“Penn Virginia”) today announced that they have entered into a definitive merger agreement pursuant to which Denbury will acquire Penn Virginia in a transaction valued at approximately $1.7 billion, including the assumption of debt.  The consideration to be paid to Penn Virginia shareholders will consist of 12.4 shares Show less Read more
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