Roan Resources (ROAN) seeking strategic alternatives

  • April 30, 2019

POTENTIAL DEAL DETAILS

StockRoan Resources, Inc.SymbolROAN
Date Announced04/29/2019Source Press Release
TypeCompany Seeking Strategic Alternatives
Date of Confirmation: 10/01/2019Price at Confirmation: $1.49
Potential Profit: -73.16%Annualized Profit: -172.27%

Roan Resources, Inc. (ROAN) today announced that it has received multiple unsolicited indications of interest to purchase the Company. In addition, the Company has also received indications of interest for in-basin consolidation opportunities. In response to the unsolicited indications of interests, the Company has formed a transactional working committee of its Board to evaluate a potential sale or merger of the Company.

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