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Pioneer Shares Fall 6% After 6-Million Offering

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Pioneer Shares Fall 6% After 6-Million Offering

Pioneer Natural Resources saw its shares slice 5.9% after disclosing that Apollo Global Management and Quantum Energy Partners offered 6M shares in a secondary offering.

Approximately 64.13% of the shares are being sold by Double Eagle III and 35.87% of the shares are being sold by Quantum Sub.


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