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CM - Harvest distributes cash & scales down borrowing capacity - October 2019
The board of directors of Harvest Oil & Gas Corp., formerly called EV Energy Partners, authorized a one-time cash distribution of $7.00 a share payable Oct. 28 to common shareholders of record as of Oct. 18. The company has 10.2 million common shares outstanding following a re-equitization in conjunction with EV’s reorganization under Chapter 11 bankruptcy protection, from which it emerged in June 2018. The current shareholders consist of EV creditors who received equity......
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