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Announced

Harold G. Hamm to acquire the remaining stake in Continental Resources for $4.3bn.

Synopsis

Harold G. Hamm, the CEO of Continental Resources, agreed to acquire the remaining stake in Continental Resources, an oil and gas explorer and producer, for $4.3bn. "On behalf of myself, the Harold G. Hamm Trust and certain trusts established for the benefit of my family members, I am pleased to submit this proposal pursuant to which a newly formed entity on behalf of the Hamm Family would acquire for cash all of the outstanding shares of common stock of Continental Resources, other than shares of common stock owned by the Hamm Family and shares of common stock underlying unvested equity awards under Continental's long-term incentive plans, subject to the negotiation of satisfactory definitive agreements and the other matters described below," Harold G. Hamm.

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