04:35 AM EDT, 07/30/2024 (MT Newswires) -- Crescent Energy ( CRGY ) said late Monday its shareholders approved the issuance of class A common stock in connection with the company's proposed merger with SilverBow Resources ( SBOW ) .

The merger, which received about 99.9% votes in favor at a special meeting of stockholders on Monday, will likely close on Tuesday.

The voting at the meeting resulted in about 87.9% of the outstanding Crescent common stock voting in favor of the merger, the company said.

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