FrontFour Announces Intention To Vote Against The Sale of Legacy Oil + Gas, Inc. to Crescent Point Energy Corp.
GREENWICH, CT, June 9, 2015 /CNW/ - FrontFour Master Fund, Ltd., an affiliate of FrontFour Capital Group LLC and FrontFour Capital Corp., announced today its intention to vote against the proposed plan of arrangement involving Legacy Oil + Gas Inc. ("Legacy") and Crescent Point Energy Corp. at the upcoming Annual and Special Meeting of Shareholders of Legacy to be held on June 30, 2015.
FrontFour Portfolio Manager Zachary George commented, "In light of the structure of the transaction and current trading price of Crescent Point shares, we cannot support the plan of arrangement as proposed."
SOURCE FrontFour Group
Zachary George, Portfolio Manager, FrontFour Capital Group LLC, 35 Mason Street, 4th Floor, Greenwich, CT 06830, 203-274-9050
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