Current BBG Stock Info

Bill Barrett (ticker: BBG) announced the acquisition of Fifth Creek Energy after markets closed Tuesday, in a transaction valued at about $650 million.

The agreement will see Bill Barrett and Fifth Creek each become subsidiaries of a new holding company, referred to as “New BBG.”

Bill Barrett’s shareholders will exchange their shares for New BBG shares on a 1-for-1 basis, while privately-held Fifth Creek will receive 100 million shares of the new company. Bill Barrett reports that, based on its current stock price, the consideration deliv...

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