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Vanguard Taps Jefferies as it Explores Strategic Alternatives
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Vanguard Natural Resources has tapped Jefferies LLC to assist in exploring strategic alternatives.
The company aims to:
- Reduce financial leverage, expand access to capital, and maximize flexibility to execute on high rate of return growth opportunities;
- Simplify and refocus the existing asset base;
- Assess and pursue attractive organic development opportunities within the portfolio; and
- Evaluate certain other potential strategic alternatives
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