oil & gas assets
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CM - Paulson opposing Callon’s proposed Carrizo acquisition - September 2019



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Paulson & Co. Inc., which holds 9.5% of Callon Petroleum Co.’s outstanding shares, submitted a letter to Callon’s board opposing the company’s proposed $3.2 billion acquisition of Carrizo Oil & Gas Inc. and urged the board to pursue a sale of Callon instead. The Houston-based E&P firm said it remained confident the addition of Carrizo would make a stronger company. The proposed acquisition has not pleased shareholders as CPE share prices on the NYSE......
 
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