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NAL Energy Corporation T.NAE



TSX:NAE - Post by User

NAL Energy Corporation
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Post by d80jcranton Mar 23, 2012 8:29am
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Post# 19708853

NAE Taken Out

NAE Taken Out

Pengrowth to buy NAL Energy for C$1.9 bln

March 23 (Reuters) - Canadian oil and gas producer Pengrowth Energy Corp will buy NAL Energy Corp in a deal valued at about C$1.9 billion ($1.90 billion), including debt, to add light oil assets.

NAL shareholders will receive 0.86 of a Pengrowth share for each share held.

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