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InsideArbitrage Potential Deal Alert: Tellurian (TELL) Hires Lazard to Explore Sale

  • January 26, 2024

POTENTIAL DEAL DETAILS

StockTellurian Inc.SymbolTELL
Date Announced01/25/2024Source Bloomberg
TypeNews Report
Date of Confirmation: 07/21/2024Price at Confirmation: $0.96
Potential Profit: 74.55%Annualized Profit: 152.86%

According to Bloomberg, Tellurian (TELL) has engaged Lazard to evaluate a potential sale.

Tellurian Investor Relations

Update(s):

March 18, 2024: Tellurian (TELL) said it was looking at all options, including a potential sale, and that CEO Octavio Simoes had stepped down from his role

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.