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Elliott offers to acquire QEP
Jan. 8, 2019
Source: World Oil

Elliott offers to acquire QEP

With the aim to pump up its private equity in the energy sector, Elliott Management Corp. has offered a proposal of $2 billion to acquire a portion of QEP Resources Inc. Elliott Management is New York’s investment firm who is ready to pay $8.75 a share in cash for the oil driller. QEP has given a conformation on receiving a proposal from Elliott.

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