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Samson Investment Company Acquires PYR Energy Corp.

Samson Investment Company Pyr Energy Corp.
AnnouncedJun 1, 2007
TypeCorporate
Announced Date
June 01,2007
Close Date
June 01,2007
Transaction Type
Corporate
Enterprise Value (EV)($MM)
49




Snapshot
Location
Country
United States

State
Colorado


Transaction Details:  Subscribe to see

Samson Investment Co. on Friday announced the successful completion of its tender offer for all of the outstanding shares of PYR Energy Corp. common stock for $1.30 per share in cash.
The offer expired at midnight, New York City time, on Thursday, May 24, 2007, at which time a total of 25,096,856 shares of PYR common stock had been tendered and not withdrawn. Samson Acquisition Corp., a wholly owned Samson subsidiary, has accepted all of the tendered shares for payment. Following purchase of the tender shares, Acquisition Corp. will own in excess of 75% of the outstanding PYR common stock.

As o…

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