Magnolia Oil & Gas Prices $1.1 Billion Stock Offering to Fund WildFire Acquisition
Magnolia Oil & Gas (NYSE: MGY) has priced a $1.1 billion public offering of 46.3 million shares at $23.75 each to fund its acquisition of WildFire Intermediate Holdings LLC. This strategic move aims to strengthen Magnolia's position in the Eagle Ford Shale and Austin …