Forestar Group Inc. (FOR) - NYSE
  • Jun. 4, 2012, 9:06 AM

    Forestar (FOR) agrees to acquire Credo Petroleum (CRED) for $14.50/share, or ~$146M. The deal would provide FOR with "meaningful" ownership and operations in several strategic oil and gas formations including the Bakken and Three Forks. CRED +22.8% premarket.

    | Jun. 4, 2012, 9:06 AM
Company Description
Forestar Group, Inc. operates as a real estate and natural resources company. It operates in three segments: Real Estate, Oil & Gas and Other Natural Resources. The Real Estate segment secures entitlements and develops infrastructure on its lands for single-family residential and mixed-use... More
Sector: Financial
Industry: Property Management
Country: United States