06:41 AM EDT, 04/08/2024 (MT Newswires) -- Chord Energy Corp. and Enerplus Corp. ( ERF ) said Monday that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, in connection with the proposed merger between the companies expired on April 5.
The deal is expected to close in the second quarter.
Chord expects that its definitive proxy statement relating to the special meeting of Chord stockholders to consider and vote upon the issuance of shares of Chord common stock in connection with the transaction and the amendment to its charter to increase the number of authorized shares of Chord common stock to 240 million from 120 million will be filed on April 9.
The record date for the Chord stockholders entitled to vote at the special meeting is the close of business on April 8, and the special meeting is scheduled to be held on May 14.