RE:Veren Inc. merger talks?sebastian2 wrote: Anyone hear about rummors and most likely those are exactly this, just rummors, wrt Veren potentially entering talks for a merger? Saw this mentioned today on a couple of other forums.
All IMO, Ihaven't heard a word from the families (Companies), but there's been talk on this board before that Veren was possibly going to marry his sister Whitecap. Very unlikely as her father Mr. Fager would insist on running the whole show ( you know, arrogance is one of his strongest suits). The groom's father Mr. Bryksa has been grooming Veren into becoming more responsible with the spending ways as Veren had gotten into far too much debt, a causality of following his influencial uncle Scott's ways. Anyway, Mr. Bryksa has Veren watching his spending (dividends, takeovers) and paying off the debt that he and his uncle had built up. Father Bryksa, appears to have the family under watchfull eye and I doubt that he would be encouraging Veren to get married under the current conditions, and it's just a matter of time before Veren cleans up his debt sheet as he's making significant progress in that direction.