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A&D - Upstream M&A gets a shot in the arm midway through Q4 - November 2019
A lackluster upstream deal market received a boost in the last few weeks with several notable transactions making headlines. After heeding the concerns of some of its major shareholders, Callon Petroleum revised its offer to acquire Carrizo Oil & Gas (PG.1). The most vehement opponent of the original deal, Paulson & Co., decided to drop its opposition, noting that the revised offer provides “substantial benefits to shareholders.” In terms of asset-level transactions, Laredo Petroleum......
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