Mergers & Acquisitions ·
Coterra Energy is voluntarily supplementing its merger proxy statement with additional disclosures following demand…
CTRACoterra Energy Inc.
Coterra Energy is voluntarily supplementing its merger proxy statement with additional disclosures following demand letters from stockholders alleging disclosure deficiencies regarding its proposed merger with Devon Energy. The filing includes updated Goldman Sachs financial analyses, which provide a revised range for the implied present value of the exchange ratio to be paid per Coterra share of $30.67 to $38.51 based on discounted cash flows.