BRIEF-Utica Resources Announces Offer To Acquire Junex Inc.

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BRIEF-Utica Resources Announces Offer To Acquire Junex Inc.

posted on Jul 04, 2018 07:27AM

2018-07-04 06:44:36 AM ET (Reuters)

July 4 (Reuters) - Junex Inc:

* UTICA RESOURCES ANNOUNCES OFFER TO ACQUIRE JUNEX INC.

* UTICA RESOURCES-PURSUANT TO OFFER, EACH SHAREHOLDER OF JUNEX TO RECEIVE FOR EACH JUNEX SHARE, $0.42 IN CASH OR $0.40 IN CASH PLUS CONTINGENT VALUE RIGHT

* UTICA SAYS BELIEVES THAT OFFER CONSTITUTES A "SUPERIOR PROPOSAL" TO ARRANGEMENT AGREEMENT DATED JUNE 8, 2018 BETWEEN JUNEX AND CUDA ENERGY Source text for Eikon: Further company coverage:

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