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Whitecap Reources to acquire Veren in $15B all-stock deal, creating major shale player | Globalnews.ca

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Summary
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76% Informative

Veren shareholders to get 1.05 shares of Whitecap for each Veren share they own.

Whitecap CEO Grant Fagerheim says the deal gives his company a leading position in the Montney and Duvernay shales in western Alberta .

The combined firm is to be led by Whitecap ’s existing management team.

VR Score

82

Informative language

85

Neutral language

73

Article tone

formal

Language

English

Language complexity

63

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not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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