{"id":67423,"date":"2019-01-09T01:17:52","date_gmt":"2019-01-09T06:17:52","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=67423"},"modified":"2019-01-09T01:17:52","modified_gmt":"2019-01-09T06:17:52","slug":"elliott-bids-2-07-billion-for-permian-basin-producer-qep-resources","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2019\/elliott-bids-2-07-billion-for-permian-basin-producer-qep-resources.html","title":{"rendered":"Elliott bids $2.07 billion for Permian Basin producer QEP Resources"},"content":{"rendered":"<p>\n(Reuters) Hedge fund Elliott Management Corp on Monday offered to buy QEP Resources Inc (QEP.N), which has a big presence in the Permian Basin near major energy producers, for $2.07 billion, or $8.75 per share, 44 percent above the stock\u2019s closing price on Friday. QEP Resources shares surged after the offer was made in a letter to the company\u2019s board. The proposal could force the company to put itself up for sale, according to a person close to the Elliott camp.<\/p>\n<p><a href=\"https:\/\/www.reuters.com\/article\/us-qep-resources-m-a-elliott-management\/elliott-management-makes-2-07-billion-bid-for-oil-co-qep-resources-idUSKCN1P119H\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) Hedge fund Elliott Management Corp on Monday offered to buy QEP Resources Inc (QEP.N), which has a big presence in the Permian Basin near major energy producers, for $2.07 billion, or $8.75 per share, 44 percent above the stock\u2019s [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-67423","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/67423","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=67423"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/67423\/revisions"}],"predecessor-version":[{"id":67424,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/67423\/revisions\/67424"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=67423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=67423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=67423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}