Denbury Resources (DNR) PT Lowered to $4 at Imperial Capital
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Denbury Resources (DNR) PT Lowered to $5 at RBC Capital
October 30, 2018 6:54 AM EDTRBC Capital analyst Brad Heffern lowered the price target on Denbury Resources (NYSE: DNR) to $5.00 (from $6.00) while maintaining a Sector Perform rating.
... MorePre-Open Stock Movers 10/29: (RHT) (DRNA) (ON) Higher; (DNR) (FDC) (IBM) Lower (more...)
October 29, 2018 9:29 AM EDTToday's Pre-Open Movers
Red Hat (NYSE: RHT) 48.7% HIGHER; IBM (NYSE: IBM) and Red Hat (NYSE: RHT), the world's leading provider of open source cloud software, announced today that the companies have reached a definitive agreement under which IBM will acquire all of the issued and outstanding common shares of Red Hat for $190.00 per share in cash, representing a total enterprise value of approximately $34 billion.
Denbury Resources (DNR) Announces Acquisition of Penn Virginia Corp. (PVAC) in $1.7B Deal
October 29, 2018 5:43 AM EDTDenbury Resources Inc. (NYSE: DNR) and Penn Virginia Corporation (NASDAQ: PVAC) today announced that they have entered into a definitive merger agreement pursuant to which Denbury will acquire Penn Virginia in a transaction valued at approximately $1.7 billion, including the assumption of debt. The consideration to be paid to Penn Virginia shareholders will consist of 12.4 shares of Denbury common stock and $25.86 of cash for each share of Penn Virginia common stock. Penn Virginia shareholders will be permitted to elect all cash, all stock or a mix of stock... More
