Callon Petroleum climbs after APA's buyout offer
04/01/2024 11:28
** Callon Petroleum CPE.N rise ~6% to $35.71 premarket
** APA APA.O offers to buy Callon in all-stock deal
valuing each Callon share at $38.31 based on APA's Weds close
** APA drops 3.7% to $35.40 premarket
** Deal valued at $4.5 bln, incl debt
(Reporting by Kabir Dweit)
((Kabir.Dweit@thomsonreuters.com))
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