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Fly News Breaks for November 5, 2019
Nov 5, 2019 | 15:19 EDT
Proxy advisory firm Glass Lewis recommends Callon Petroleum (CPE) shareholders vote against the company's proposed all-stock acquisition of Carrizo Oil & Gas (CRZO), calling the acquisition of Carrizo "decidedly out of step" with Callon's stated strategy of focusing purely in the Permian Basin, according to Bloomberg's Nick Lichtenberg.
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