Halcón Resources Corporation (NYSE:HK) and GeoResources, Inc. (NASDAQ:GEOI) reported that they have entered into a definitive merger agreement in which GeoResources will merge into a wholly-owned subsidiary of Halcón Resources in a cash and stock transaction that values GeoResources at approximately $1.0 billion, based on the closing price of Halcón Resources common stock on April 24, 2012.
Under the terms of the merger agreement, Halcón Resources will acquire all outstanding shares of GeoResources common stock. GeoResources stockholders will receive $20.00 in cash and 1.932 shares of Halcón Resources common stock for each share of GeoResources common stock they hold, representing consideration to GeoResources stockholders of $37.97 per share based on the closing price of Halcón Resources common stock on April 24, 2012.
CRWE, Crown Equity Holdings Inc., CRWE.OB
Internet advertising is huge with the growth of information on the internet has growth the amount of time people spend on it, which has in turn generated a new market for internet advertising. Some of the wealthiest companies in the world have made sure that they get a piece of the internet marketing pie, and for a good reason.
CRWE offers advertising branding and marketing services as a worldwide online multi-media publisher with its digital network of websites and focuses on the distribution of information for the purpose of bringing together a targeted audience and the advertisers that want to reach them.
CRWE?s advertising services cover and connect a range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness.
CRWE?s division CRWE AD-Services (www.crwe-adservices.com), is a full service multimedia advertising company specializing in internet marketing. It provides modern and unique advertising campaigns, dedicated to offering the most cost effective advertising solutions.
Internet advertising is targeted as a company looking for advertising opportunities to a specific market.
More about CRWE at www.crownequityholdings.com.
GTx, Inc. (NASDAQ:GTXI) will host a conference call and webcast to provide a corporate update and discuss the Company's first quarter 2012 financial results on Tuesday, May 8 at 9:00 a.m. Eastern.
The call and webcast will follow the release of the financial results earlier that day.
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