PRISM Analysis: Why Did Battalion Oil Shares Soar on Friday?

NEW YORK, NY, December 18, 2023 – Shares in Battalion Oil Corporation (NYSE American: BATL) surged more than 80% on Friday after the company announced it has agreed to be acquired by Fury Resources, Inc. for $9.80 per share in cash, which represents a total transaction value of approximately $450 million. The transaction is expected to close in the … Continue reading PRISM Analysis: Why Did Battalion Oil Shares Soar on Friday?