A Locke Lord team represented an affiliate of Cox Oil in the completion of the merger between affiliates of Cox and Energy XXI Gulf Coast, Inc., along with the associated financing arrangements. Effective Oct. 18, 2018, Cox acquired all outstanding shares of EGC common stock for $9.10 per fully diluted share in cash, for a total consideration of approximately $322 million. For more information, please see the press release. Additional assistance was provided by Karl Fryzel and Jonathan Young (both of Boston), Julie Dziobak, Michael Kind (Chicago) James Bilton, Larry Ginsburg, Van Jolas, John McKnight, Robin Shaughnessy and Henry Benton (all of Dallas), Ben Cowan, Ed Razim and Elizabeth Corey (all of Houston).
Posted July 6, 2018