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Callon And Carrizo Shareholders Approve Merger

Callon Petroleum Company (NYSE:CPE) ("Callon") and Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) ("Carrizo") today announced that both companies' common shareholders voted to approve all proposals

Benzinga · 12/20/2019 15:21

Callon Petroleum Company (NYSE:CPE) ("Callon") and Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) ("Carrizo") today announced that both companies' common shareholders voted to approve all proposals necessary for the parties' pending all-stock transaction at today's respective special meetings held by each company. The merger is expected to close by end of business today, December 20, 2019. Under the terms of the merger agreement, Carrizo shareholders will receive 1.75 shares of Callon common stock for each share of Carrizo common stock they own.