Merger with Cimarex Energy Co.

Resolute Energy Corporation

Our attorneys represented Resolute Energy Corporation (Resolute), a Denver-based independent oil and gas exploration and production company with principal operations in the Permian Basin area of the US, in its definitive agreement to be acquired by Cimarex Energy Co. (Cimarex) in a cash and stock transaction valued at $35.00 per share, or a total transaction value of approximately $1.6 billion, including Resolute's long-term debt of $710 million, as of September 30, 2018.

Earlier this year, Arnold & Porter represented Resolute in responding to a group of activist shareholders seeking a combination of board representation and a strategic review process, preparing the company's communication strategy and proxy filings, counseling the Board of Directors, and negotiating and finalizing the settlement and standstill agreement.

The deal was announced on November 19, 2018. 

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