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A&D - XTO Energy extends offer to acquire Hugoton Royalty Trust - May 2020

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ExxonMobil subsidiary XTO Energy again extended its offer to acquire all of the outstanding units of beneficial interest in Hugoton Royalty Trust for $0.20 each, valuing the deal at $8 million. The bid, which was made April 1, was extended from May 12 to May 26 after previously being extended from an April 28 deadline. XTO said the latest extension is to allow additional time, because of the impacts of the coronavirus pandemic, for......
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