General News | Top Story | Deals - Acquisition, Mergers, Divestitures
Vantage Terminates $1.7B Deal for QEP's Williston Assets; Cites Low Oil Prices
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Vantage Energy Acquisition Corp. has terminated its agreement to acquire QEP Resources' Williston Basin assets for $1.7B.
Vantage cited the deterioration in commodity prices as the cause, noting that it made it "unlikely that the conditions to closing would be satisfied."
No more details were provided.
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