Quicksilver Majority Owners Decide Not To Go Private

Law360, New York (March 18, 2011, 7:31 PM EDT) -- Fort Worth, Texas-based Quicksilver Energy LP and the family who owns roughly 30 percent of its common stock are ditching a plan to take the 48-year-old oil and gas company private, both parties said Thursday.

Darden family members first announced in October 2010 that they were pursuing a possible private transaction, and subsequently retained a financial advisor and lawyer to advise them. The Dardens said they have opted not to take the company private, however, because they decided Quicksilver's current capital structure and governance is superior...
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