Enerplus Corporation (USA) (TSE:ERF) has released an update.
Chord Energy and Enerplus Corporation have announced the advancement of their pending stock-and-cash merger following the expiration of the Hart-Scott-Rodino Act waiting period, moving them closer to a second-quarter 2024 closure. Stockholders of both companies are preparing for upcoming votes on the transaction, with definitive proxy statements and management information circulars expected to be filed soon. This merger is anticipated to fortify their positions in the oil and gas industry, promising future growth and value creation for shareholders.
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