Big Bear launches hostile bid for Blue Range
Article Abstract:
Big Bear Exploration Ltd. has launched a hostile takeover bid for natural gas producer Blue Range Resource Corp. for C$190 million in stock swap deal. Big Bear announced that about 33% of Blue Range shareholders, who are discontented with the current management, have already expressed their support to the bid, which would include the ousting of the management and directors. The offer will be based on the share prices of each company, and include the exchange of 11 Big Bear shares for each share of Blue Ridge, with a value of C$5.72 each.
Comment:
Launches a hostile takeover bid for Blue Range Resource Corp for C$190 million in stock swap deal
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1998
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Morgan hands over reins, signals EnCana not for sale
Article Abstract:
Gwyn Morgan announces his retirement as president and chief executive officer of EnCana Corp., who is succeeded by present chief operating officer Randy Eresman. The management succession resolved speculation about sale of EnCana Corp.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2005
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