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BRIEF-Western Energy issues statement in regards to its agreement with Savanna Energy
March 17, 2017 / 2:02 AM / 6 months ago

BRIEF-Western Energy issues statement in regards to its agreement with Savanna Energy

March 16 (Reuters) - Western Energy Services :

* Western Energy Services underlines offer premium and looks to “cut through noise” around its agreement with Savanna Energy Services Corp

* determined that it was prepared to increase consideration payable in arrangement to create a larger margin of difference

* looks forward to continuing to communicate its perspective on exceptional proposed business combination of Western and Savanna

* continues to be willing to engage with Franklin Bissett, Invesco and Foyston in relation to the offer Source text for Eikon: Further company coverage:

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