harold hamm

Continental’s Hamm Wants to Go Private in $4.4B Share Repurchase

Continental’s Hamm Wants to Go Private in $4.4B Share Repurchase

Harold Hamm, the billionaire executive chairman of Continental Resources Inc., has put forth a nonbinding proposal to acquire for cash all outstanding common shares at a 9% premium to Monday’s closing price to take the largest Bakken Shale producer private. At Hamm’s offer price of $70.00/share, the outstanding shares would be valued at about $4.4…

June 14, 2022