Magnolia Oil & Gas Corp (MGY) Form 8-K — Jul 20, 2026
Magnolia Oil & Gas Corp agreed to acquire WildFire Intermediate Holdings, LLC for an aggregate purchase price of approximately $4.06 billion. The consideration consists of $3.25 billion in cash and 32.2 million shares of Magnolia Class A common stock, along with the assumption of $600 million of the target's outstanding 7.500% Senior Notes due 2029. To fund the transaction, Magnolia has secured a $2.25 billion amended and restated reserve-based revolving credit facility and a $1.50 billion senior unsecured bridge term loan facility.
Key figures
- Debt Amount
- 600,000,000
- Deal Value Usd
- 4,061,515,600
- Shares Offered
- 32,203,000
- Rbl Facility
- 2,250,000,000
- Escrow Deposit
- 200,000,000
- Bridge Facility
- 1,500,000,000
- Cash Consideration
- 3,250,000,000
- Equity Consideration Value
- 811,515,600
Price after filing
Close on the filing date to close N calendar days later (from $25.53). Historical, not a forecast.
AI analysis
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