One-Page Deal Sheet
Comstock Resources Announces Bois D'Arc Energy acquisition by Stone Energy
Stone Energy Corp. Comstock Resources Inc.
Announced Date
June 01,2008
Close Date
July 01,2008
Location
Country
United States
Transaction Details: Subscribe to see
Comstock Resources, Inc announced that its 49% owned subsidiary Bois d'Arc Energy, Inc. entered into a definitive merger agreement with Stone Energy Corporation pursuant to which Stone will acquire Bois d'Arc. Under the terms of the merger agreement, Bois d'Arc shareholders, including Comstock, will receive $13.65 in cash and 0.165 shares of Stone common stock for each share of Bois d'Arc. Comstock will receive $440 million in cash and 5,317,069 shares of the common stock of Stone for its stake in Bois d'Arc.
Completion of the transaction is subject to approval by the Bois d'Arc and Stone…
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