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Baytex & Raging River file proxy statement for $2B deal
Baytex Energy and Raging River Exploration filed a joint management information circular and proxy statement for their respective Aug. 21 shareholder meetings regarding Baytex’s $1.9 billion all-stock acquisition of Raging River. Both boards of directors unanimously recommend that shareholders greenlight the deal. Baytex expands its core portfolio from three areas to five through the deal, adding Viking and East Duvernay assets to its Peace River, Lloydminster and Eagle Ford assets. Baytex acquires Raging River’s......
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