Permian Operator Lilis Energy Receives Take-Private Offer
Transaction Type
Sellers
Buyers
Basin
Permian Basin; Delaware Basin
Announce Date
Post Date
Estimated Price
$17.0MM
Description
Launched non-binding cash offer to acquire the roughly 75% of outstanding shares of Lilis common stock not already owned in a merger transaction for $0.25 per share. (Offer expires Feb. 17)