Shale Gas Driller SilverBow Plunges After Kimmeridge Drops Bid

Kimmeridge says it sees no pathway towards a transaction Kimmeridge will instead focus on nominees to SilverBow board Shale driller SilverBow Resources Inc. dropped more than 6% after Kimmeridge Energy Management Co. withdrew a merger offer and said it’ll focus on winning board seats. “Given SilverBow’s lack of engagement, Kimmeridge sees no pathway towards a transaction,” Kimmeridge said in … Read more