PresentationThe merger PDF presentation is very enlightening. This is one sweet deal for Baytex. The only thing i can think of keeping the stock down is potential investors thinking the deal may not go through. However, majority shareholder Juniper of Ranger are in favour of the deal and "have entered into a hold period agreement with respect to the Baytex shares to be issued to Juniper"
This is a done deal IMO. Just gonna take some time, and then it will run. Patience.
https://www.baytexenergy.com/investors/