Exco Gets Management-Led Buyout Offer Worth $4.36B

November 1, 2010

175

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.

Want more from the best local business newspaper in the country?

Sign-up for our FREE Daily eNews update to get the latest Orange County news delivered right to your inbox!

Would you like to subscribe to Orange County Business Journal?

One-Year for Only $99

Weekly in-depth coverage in print and digital formats
Special Features: OC's Wealthiest, Top Priced Home Sales, Giving Guide, OC500, Charity Event Guide, Best Places to Work, Indispensables, Largest Charitable Gifts
The annual Book of Lists: Orange County's top companies across every industry

AIG Raises Enough to Pay Off NY Fed Credit Line

Ambac Says May Go Bankrupt This Year

staff-author

Exco Gets Management-Led Buyout Offer Worth $4.36B

Want more from the best local business newspaper in the country?

Would you like to subscribe to Orange County Business Journal?

Featured Articles

OC Unemployment Falls to 3.5% in May

Midday Stock Roundup: Indie Semiconductor Shares Jump 8%, Trading at Double its Usual Volume

‘Wide-lot’ Estate in Corona del Mar Sells for $17.7M

Related Articles

OC Unemployment Falls to 3.5% in May

Midday Stock Roundup: Indie Semiconductor Shares Jump 8%, Trading at Double its Usual Volume

‘Wide-lot’ Estate in Corona del Mar Sells for $17.7M

JH Real Estate Snags FIGat7th for $68.5M

Tustin Office Demolished for 103K SF Industrial Redevelopment

Advertise With Us

About Us

Subscriber Links

Other Journals