Encana Corp. (ECA) has recently acquired Athlon Energy Inc. (ATHL) for a whooping sum 5.93$ billion dollars. This venture has secured a foothold for the company in the Texas oil field with a soaring output after the biggest acquisition of a United States crude & natural gas producer. Encana declared today that the 58.50$-a-share cash purchase represents a 25% premium to Athlon's closing price … [Read more...]
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