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BRIEF-Paloma Partners To Acquire Goodrich Petroleum Corp

reuters ·  Nov 22, 2021 12:40

Nov 22 (Reuters) - Goodrich Petroleum Corp GDP.A :

* PALOMA PARTNERS TO ACQUIRE GOODRICH PETROLEUM CORPORATION FOR $23.00 PER FULLY DILUTED SHARE FOR A TOTAL OF APPROXIMATELY $480 MILLION, INCLUDING ASSUMPTION OF THE COMPANY'S FIRST LIEN DEBT

* GOODRICH PETROLEUM CORP - OFFER PRICE IN TRANSACTION HAS BEEN UNANIMOUSLY APPROVED BY GOODRICH'S BOARD OF DIRECTORS

* GOODRICH PETROLEUM CORP - PALOMA HAS SECURED FROM ENCAP EQUITY FINANCING COMMITMENTS FOR ENTIRE ACQUISITION

Source text for Eikon: ID:nPnSgbs5a Further company coverage: GDP.A

((Reuters.Briefs@thomsonreuters.com;))

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