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April 16, 2004
EnCana to buy Tom Brown for $2.7 billion
This NY Times article reports on Toronto-based EnCana Corporation's $2.7 billion cash offer to buy Denver-based independent oil and gas producer Tom Brown, Inc., which the Tom Brown board accepted yesterday. The price includes $350 million in Tom Brown debt that EnCana will assume. EnCana is Canada's largest producer of natural gas.
Posted by Tom at April 16, 2004 7:45 AM |
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