Hiland firms amend Hamm agreements

By JAY F. MARKS NewsOK.com - 11/4/2009


ENID — Shareholders of the Hiland companies will have another month to consider the latest buyout offer from Enid oilman Harold Hamm.

Hiland Partners LP and Hiland Holdings GP LP announced Tuesday that they had amended their merger agreements with Hamm's affiliates to reflect the new offer.

The amendments also pushed the end date for the merger proposal to Dec. 11, allowing officials to adjourn shareholder meetings that had been scheduled for Tuesday.

The meetings, which have been delayed several times in recent weeks, were moved to Dec. 4 to allow shareholders more time to consider Hamm's offer.

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jmarks@opubco.com




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