TransGlobe Supports $307M Merger After ‘Spurious Claims’ [Law360: Mergers & Acquisitions]


By Najiyya Budaly (September 16, 2022, 3:06 PM BST) — A Canadian oil exploration and production company said on Friday that it recommends that its shareholders support a $307 million merger with Vaalco Energy Inc. despite a private investment adviser claiming that the transaction “severely undervalues” the business….

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