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Whitecap Resources to Buy TORC Oil & Gas in $430 Million All-stock Deal

2020-12-09 11:20:00| OGI

Under the deal announced on Dec. 8, shareholders of TORC Oil & Gas will receive 0.57 Whitecap Resources shares in exchange for each TORC share, representing a discount of about 4.3% to the last closing price of TORC shares.

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