Reuters is reporting (a big "thank you" to a reader for sending the link):
Crescent Point Energy Inc,
Canada's No.4 independent oil and gas producer, said on Tuesday it has
agreed to acquire Legacy Oil + Gas Inc for shares and debt worth
C$1.53 billion ($1.23 billion), adding oil production in its core
regions in Western Canada and North Dakota.
Crescent
Point is offering 0.095 of its own shares for each Legacy share. Based
on Crescent Point's closing price on Monday of C$30.00, the offer is
worth C$2.85 per Legacy share.
Long, long history.
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