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Noble Energy Inc.’s all-stock deal for Rosetta Resources is a good deal for both companies, according to a new analysis from IHS Inc., an energy information and analysis company based in Douglas County.
Houston’s Noble Energy (NYSE: NBL) on May 11 announced it had acquired Rosetta Resources (NASDAQ: ROSE) in a deal valued at $2.1 billion, and “the deal is attractive for stakeholders on both sides of the deal,” IHS (NYSE: IHS) said in an analysis by Paul O’Donnell.
O’Donnell’s analysis…