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home / news releases / MCF - KKR Flips The LBO Script With Management 'Buy-In'


MCF - KKR Flips The LBO Script With Management 'Buy-In'

  • KKR will list oil and gas firm Independence Energy by merging it with publicly traded Contango Oil & Gas.
  • Contango will only appoint two of nine board members, and KKR will also own a special class of non-voting stock that gives them consent rights over things like debt issuance.
  • The attraction for Contango investors is that Independence is contributing far more of the overall EBITDA, at least for now.

For further details see:

KKR Flips The LBO Script With Management 'Buy-In'
Stock Information

Company Name: Contango Oil & Gas Company (TX)
Stock Symbol: MCF
Market: NYSE
Website: contango.com

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