Chaparral Energy to merge with United Refining

摘要

New York-based special-purpose acquisition company United Refining Energy Corp. (NYSE Amex: URX) plans to acquire Oklahoma City E&P Chaparral Energy Inc. for approximately $580 million in stock, resulting in a combined enterprise value of $1.8 billion. The merged company will be named Chaparral Energy Inc. and will trade on the NYSE under the symbol "CPR."