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News Breaks | | | | July 31, 2012 | | 17:12 EDT |  | HK, GEOI | Halcon Resources, GeoResources shareholders approve deal
Halcón and GeoResources announced that each company has received the necessary approvals from their respective stockholders to authorize GeoResources' merger with a wholly owned subsidiary of Halcón pursuant to the previously announced Agreement and Plan of Merger, dated as of April 24, 2012, by and among Halcón, Leopard Sub 1, Inc., Leopard Sub II, LLC and GeoResources. Halcón and GeoResources expect to close the merger effective August 1, 2012.The approval of the stockholders of Halcón and GeoResources was one of the final conditions to the closing of the merger. Pursuant to the merger agreement, GeoResources stockholders will receive $20.00 in cash and 1.932 shares of Halcón common stock for each share of GeoResources common stock they hold. As a result of the transaction, GeoResources' common stock will cease to be listed on the NASDAQ Global Select Market. Halcón stockholders approved the issuance of shares | |
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News For HK;GEOI From The Last 14 Days Check below for free stories on HK;GEOI the last two weeks. |
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| May 23, 2013 | | 13:20 EDT |  | HK | Halcon Resources weakness a buying opportunity, says Canaccord
 Subscribe for More Information | | | 11:29 EDT | | HK | Halcon Resources updates on Utica/Point Pleasant operations
Subscribe for More Information | | | May 16, 2013 | | 06:39 EDT |  | HK | Halcon Resources files automatic mixed securities shelf
Subscribe for More Information | | | May 15, 2013 | | 10:13 EDT |  | HK | On The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Aeropostale (ARO) upgraded to Outperform from Market Perform at BMO Capital... Gap (GPS) upgraded to Buy from Neutral at Citigroup... PS Business Parks (PSB) upgraded to Market Perform from Underperform at BMO Capital... Redwood Trust (RWT) upgraded to Outperform from Market Perform at FBR Capital... Regal-Beloit (RBC) upgraded to Outperform from Neutral at Credit Suisse... Unilever (UN) upgraded to Buy from Reduce at Nomura... Prudential (PRU) upgraded to Buy from Hold at Argus... Inergy, L.P. (NRGY) upgraded to Overweight from Neutral at JPMorgan... Noble Energy (NBL) upgraded to Buy from Hold at Stifel... Halcon Resources (HK) upgraded to Buy from Hold at Stifel. | | | 07:29 EDT | | HK | Halcon Resources upgraded to Buy from Hold at Stifel
Stifel upgraded Halcon based on relative valuation and expectations for strong organic production growth and meaning resource test results for the remainder of 2013. Price target is $8.50. | |
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