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Friday, May 8, 2026

Exco Gets Management-Led Buyout Offer Worth $4.36B

The CEO of Exco Resources Inc., possibly backed by shareholders including oilman T. Boone Pickens, has offered to buy the gas-focused explorer for about $4.36 billion, in a big bet on natural gas at a time when prices are falling.

*For more on this story, read the full Reuters article.

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