BRIEF-Crescent Energy Says If Merger Agreement Is Terminated By SilverBow, Crescent Would Be Required To Pay Termination Fee of $61 Million-June 2024-www.financetom.com

BRIEF-Crescent Energy Says If Merger Agreement Is Terminated By SilverBow, Crescent Would Be Required To Pay Termination Fee of $61 Million

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

BRIEF-Crescent Energy Says If Merger Agreement Is Terminated By SilverBow, Crescent Would Be Required To Pay Termination Fee of $61 Million

May 16, 2024 5:26 AM

May 16 (Reuters) - Crescent Energy Co ( CRGY ):

* CRESCENT ENERGY CO ( CRGY ) -IF MERGER AGREEMENT IS TERMINATED BY

SILVERBOW, CRESCENT WOULD BE REQUIRED TO PAY SILVERBOW

TERMINATION FEE EQUAL TO $61 MILLION

* CRESCENT ENERGY CO ( CRGY ) -IF MERGER AGREEMENT IS TERMINATED,

SILVERBOW

WOULD BE REQUIRED TO PAY CRESCENT TERMINATION FEE EQUAL TO $30.5

MILLION

Source text for Eikon:

Further company coverage:

Previous page： Airbus second-quarter profit falls on jetliner ramp-up costs and space charge Next page： Hershey Q2 Organic Growth Could Miss Market Views, RBC Says

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Airbus second-quarter profit falls on jetliner ramp-up costs and space charge

Jul 30, 2024

(Corrects profit to 814 million euros, not 813 million, in 2nd paragraph, and adjusts currency conversion) PARIS (Reuters) - Europe's Airbus reported sharply lower second-quarter profits on Tuesday as the cost of investing in higher jetliner production, coupled with largely pre-announced charges in its Space Systems business, outweighed higher revenue. The world's largest planemaker said adjusted operating profit fell by...

Hershey Q2 Organic Growth Could Miss Market Views, RBC Says

Jul 30, 2024

12:17 PM EDT, 07/30/2024 (MT Newswires) -- Hershey's (HSY) Q2 organic growth could fall short of market expectations amid downside in North America confection, though its salty snacks business is likely to outperform expectations, RBC Capital Markets said in a note e-mailed Tuesday. The confectionery company is scheduled to report Q2 results Thursday. RBC expects earnings of $1.48 per share,...

What's Going On With CNS Pharmaceuticals Stock Tuesday?

Jul 30, 2024

CNS Pharmaceuticals, Inc. ( CNSP ) shares traded higher initially Tuesday morning but have since reversed following the company’s announcement that it entered into an exclusive license agreement with Cortice Biosciences. The Details: CNS secured an exclusive license and the intellectual property rights for TPI 287, a potential treatment for glioblastoma multiforme (GBM). CNS will pay Cortice 616, 698 shares...

Update: Secure Energy Services Rises 7% as Q2 Earnings Miss Estimates, But Raises its Adjusted EBITDA Guidance

Jul 30, 2024

12:17 PM EDT, 07/30/2024 (MT Newswires) -- Secure Energy Services ( SECYF ) on Tuesday reported second-quarter earnings that missed forecasts, but raised its full-year 2024 adjusted EBITDA guidance. The oilfield waste-management company said it earned $32 million, or $0.12 per share, in the quarter, down from $34 million, or $0.11, in the year-prior quarter, missing the consensus estimate for...