Dune, Eos merger changes could include revised share purchase price

By Caroline Salls

Pittsburgh, Jan. 28 – Dune Energy, Inc. and Eos Petro, Inc. are negotiating revised merger terms, which could include a change in the $0.30 per share price for Eos Merger Sub, Inc.’s offer to buy all shares of Dune’s common stock, according to an 8-K filed by Eos Petro with the Securities and Exchange Commission.

If the terms are revised, Eos said it does not expect the change in offer price to be “more than nominal.”

Dune is a Houston-based energy company.

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