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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.
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Company Description
Forestar Group, Inc., is a real estate and oil and gas company. It has three business segments: Real estate, Oil and gas, and other natural resources.
Sector: Financial
Country: United States