Statoil Makes $4.4B Brigham Buy With Vinson & Elkins Aid
Brigham shareholders will receive $36.50 for each share of the company's stock, an approximately 36 percent premium over Brigham's average closing price for the previous 30 days, Statoil said.
Adding Brigham will give Statoil access to the Bakken and Three Forks tight oil plays in the Williston Basin in North Dakota and Montana. The 375,000-acre...
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