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KM Financial Solutions | UPDATE 4-Elliott bids $2.07 bln for Permian Basin producer QEP Resources
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UPDATE 4-Elliott bids $2.07 bln for Permian Basin producer QEP Resources

06 Jan UPDATE 4-Elliott bids $2.07 bln for Permian Basin producer QEP Resources

Posted at 19:55h in News by
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Hedge fund Elliott Management
Corp on Monday offered to buy QEP Resources Inc, which
has a big presence in the Permian Basin near major energy
producers, for $2.07 billion, or $8.75 per share, 44 percent
above the stock’s closing price on Friday.

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