Wednesday, June 6, 2007

UPDATE 1-Forest Oil to close Houston Exploration deal

(Reuters) - The deal now values Houston Exploration at about $60 a
share, compared with $52.47 a share when the transaction was
announced in January.




Forest Oil said the stock component of the deal was
oversubscribed based on preliminary merger consideration
election results.


Read more at Reuters.com Mergers News

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