Harold Hamm And Family Move To Buy All Remaining Shares Of Continental Resources ...Middle East

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Harold Hamm And Family Move To Buy All Remaining Shares Of Continental Resources
source : OILPRICE ( Middle East ) () 23
The family of Harold Hamm, founder of Continental Resources, will buy all the remaining stock in the shale firm that isn’t already owned by the Hamm family in a merger transaction approved by Continental’s board of directors. The company announced on Monday the agreement with Omega Acquisition, Inc., an Oklahoma corporation that is owned by Continental’s founder Hamm.   Following the news release, shares in Continental Resources (NYSE: CLR) jumped by 8% in pre-market trade in New York. Shale tycoon Harold Hamm and the rest…

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