RE:Veren Inc. merger talks? Source? This talking point always comes up when 1/ VRN stock price has tanked; 2/ someone is bag holding position they are uncomfortable with; 3/ fearful the share price is heading lower.
Historically it's someone trying to create a speculative narrative, hoping they can exit into a temporary bounce.
Bryska and board will never sell their golden goose while it's still laying eggs. I could be wrong, but I seem to recall Saxberg voting in a poison pill six or seven years ago during the Cation attempt to takeover the company.
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.