Reuters: Mergers News: Halcón Resources to buy GeoResources for $973.1 mln

Reuters: Mergers News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Halcón Resources to buy GeoResources for $973.1 mln Apr 25th 2012, 11:45 April 25 | Wed Apr 25, 2012 7:45am EDT April 25 (Reuters) - Halcón Resources Corp said it will buy GeoResources Inc for about $973.1 million in cash and stock to gain access to liquids plays in the United States. GeoResources shareholders will receive $20 in cash and 1.932 Halcón Resources shares for each share they own. Halcón Resources closed at $9.3 on Tuesday on the New York Stock Exchange while GeoResources closed at $30.77 on the Nasdaq.

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