Petrohawk Energy BHP
On July 14, 2011, BHP Billiton (NYSE: BHP) announced a deal to acquire Petrohawk Energy Corp. (NYSE: HK) for $12.1 billion in cash, or $38.75 per share.
The deal comes at at 65% premium to Thursday's close of $23.49.
Petrohawk's Board of Directors has approved the transaction and unanimously recommended that stockholders tender their shares.
BHP Billiton targeted closing the deal in the third quarter of 2011.
The deal comes at at 65% premium to Thursday's close of $23.49.
Petrohawk's Board of Directors has approved the transaction and unanimously recommended that stockholders tender their shares.
BHP Billiton targeted closing the deal in the third quarter of 2011.
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