Venoco, Inc. Announces Receipt of Highly Confident Letter by CEO

Venoco, Inc. VQ announced that it has been informed by Timothy Marquez, Venoco's chairman and CEO, that Mr. Marquez has received a "highly confident" letter regarding a portion of the financing necessary to complete the proposed merger between Venoco and an affiliate of Mr. Marquez. The letter does not create a binding obligation and is subject to a number of contingencies, including the completion of due diligence. There can be no assurance that the financing will be available or that the proposed merger will be completed.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsManagementEvents
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!