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Earthstone Energy Reports Expiration Of HSR Act Waiting Period For Permian Acquisition

RTTNews | 700 dagar sedan

Earthstone Energy Reports Expiration Of HSR Act Waiting Period For Permian Acquisition

(RTTNews) - Earthstone Energy, Inc. (ESTE) announced Tuesday the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act), as amended, with respect to the previously-announced agreement for Permian Resources Corp. (PR) to acquire all outstanding shares of Earthstone at an exchange ratio of 1.446 shares of Permian Resources for each Earthstone share.

The expiration of the HSR Act waiting period occurred at 11:59 p.m. EDT on October 2, 2023, which was a condition to the closing of the pending transaction.

The completion of the transaction is subject to the satisfaction of the remaining customary closing conditions, including approval by Earthstone stockholders.

The Earthstone special meeting is scheduled to be held on Monday October 30, 2023 at 10:00 AM. The transaction is expected to close shortly thereafter.

Taggar: ESTE PR

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Permian Resources Prices Public Offering Of 26.50 Mln Shares At $15.30/shr

Permian Resources Prices Public Offering Of 26.50 Mln Shares At $15.30/shr

Permian Resources Corp. (PR) announced Monday the pricing of an underwritten public offering of an aggregate 26.50 million shares of its Class A Common Stock, par value $0.0001 per share, at a price to the public of $15.30 per share.

RTTNews | 400 dagar sedan

U.S. Construction Spending Unexpectedly Edges Lower In July

U.S. Construction Spending Unexpectedly Edges Lower In July

A report released by the Commerce Department on Tuesday showed construction spending in the U.S. unexpectedly edged slightly lower in the month of July. The Commerce Department said construction spending slipped by 0.1 percent to an annual rate of $2.139 trillion in July after falling by 0.4 to a revised rate of $2.141 trillion in June.

RTTNews | 24 minuter sedan

Domino's Launches Two New Delectable Bread Bites Flavors

Domino's Launches Two New Delectable Bread Bites Flavors

Domino's Pizza, the largest pizza company in the world, announced the launch of two new Bread Bite flavors: Cinnamon and Garlic, to join Domino's Parmesan Bread Bites, adding to its line of oven-baked mouthwatering options for customers to enjoy.

RTTNews | 37 minuter sedan

U.S. Manufacturing Index Inches Up In Line With Estimates In August

U.S. Manufacturing Index Inches Up In Line With Estimates In August

The Institute for Supply Management released a report on Tuesday showing a slight increase by its reading on U.S. manufacturing activity in the month of August, although the index still indicated the sixth consecutive month of contraction.

RTTNews | 39 minuter sedan

FTSE 100 Slips As Yields Spike, Sterling Plunges

FTSE 100 Slips As Yields Spike, Sterling Plunges

The FTSE 100 benchmark of the London Stock Exchange dropped close to a percent amidst renewed concerns about the fiscal situation in the U.K.

RTTNews | 1h 26minuter sedan

CAC 40 Slips Amidst Fiscal Concerns

CAC 40 Slips Amidst Fiscal Concerns

A renewed focus on the fiscal situation in France dampened sentiment for the CAC 40 benchmark that tracks the 40 largest French stocks based on the Euronext Paris.

RTTNews | 2h 34minuter sedan

DAX Dips As Inflation Spike Hurts Sentiment

DAX Dips As Inflation Spike Hurts Sentiment

The DAX benchmark that tracks the performance of the 40 largest companies listed on the Frankfurt Stock Exchange is trading deep in the red amidst a higher-than-expected level of inflation reading from Euro Area.

RTTNews | 3h 36minuter sedan

Sensex, Nifty Give Up Early Gains To End Lower

Sensex, Nifty Give Up Early Gains To End Lower

Indian shares gave up early gains to end lower on Tuesday ahead of the upcoming two-day Goods and Services Tax (GST) Council meeting later this week.

RTTNews | 4h 31minuter sedan

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