Nov 1 (Reuters) - Denbury Resources Inc:
* To acquire Encore in a $4.5 billion transaction
* Says merger agreement includes assumption of debt
* Says Encore sharholders to receive $50 per share -- $15 in cash $35 in
Denbury stock
* Says etransaction is expected to close in Q1 of 2010
((New York Equities Desk; tel: +1 646 223 6000))
(For more news about Denbury Resources Inc click here:) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* To acquire Encore in a $4.5 billion transaction
* Says merger agreement includes assumption of debt
* Says Encore sharholders to receive $50 per share -- $15 in cash $35 in
Denbury stock
* Says etransaction is expected to close in Q1 of 2010
((New York Equities Desk; tel: +1 646 223 6000))
(For more news about Denbury Resources Inc click here:) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.