Crescent & SilverBow announce expiration of Hart-Scott-Rodino Act waiting period

Crescent Energy (CRGY) and SilverBow Resources (SBOW) announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, the “HSR Act, in connection with Crescent’s pending acquisition of SilverBow. The expiration of the waiting period under the HSR Act satisfies an important condition necessary for the completion of the transaction. Meetings of the stockholders of each of Crescent and SilverBow are scheduled for July 29, 2024 at 10:00 am Central Time for stockholders of record as of June 28. The details of each special meeting, including the terms of the proposed transaction, have been outlined in the joint proxy statement/prospectus, filed on June 28 with the Securities and Exchange Commission The transaction, which would create a leading mid-cap E&P with a scaled, balanced portfolio of high-quality assets in the Eagle Ford, is expected to close shortly after receiving approval from the stockholders of each of Crescent and SilverBow.