Current SD Stock Info

SandRidge Energy, Inc. (ticker: SD) said that its board of directors, after careful consideration and a detailed technical and financial review, has rejected Midstates Petroleum Company, Inc.’s (ticker: MPO) unsolicited public offer to combine the two companies in a stock-for-stock merger at a 60%/40% exchange ratio.

After extensive analysis, SandRidge has concluded that the relative asset values of the two companies do not support a combination effected at current stock prices. The decision was primarily based-on significantly differing opi...

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