Energy XXI Updates Merger
Energy XXI Gulf Coast Provides Update on Merger With Affiliates of Cox Oil LLC
Energy XXI Gulf Coast Provides Update on Merger With Affiliates of Cox Oil LLC
Energy XXI Gulf Coast, Inc. (ticker: EGC) said that it has entered into an amendment to the Agreement and Plan of Merger to provide for the closing date of the merger with Cox Oil affiliates to occur on October 10, 2018. Cox Oil is an independent, privately-held entity that owns and operates assets in the Gulf of Mexico. The amendment also provides
Energy XXI Gulf Coast, Inc. (NASDAQ: EGC) has signed a definitive agreement to be acquired by a privately held Cox Oil affiliate that owns and operates assets in the Gulf of Mexico. Cox will acquire all the outstanding shares of EGC common stock for $9.10 per fully diluted share in cash, for a total consideration of approximately $322 million, representing
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