Vantage Drilling plans to repurchase 319,037 shares from insiders ahead of Eldorado merger

VANTAGE DRILLING INTERNATIONAL
Virtus International Dividend ETF

VANTAGE DRILLING INTERNATIONAL

VTDRF

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Virtus International Dividend ETF

VDI

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  • Vantage Drilling International plans to repurchase 319,037 shares held by primary insiders, ahead of its pending merger with Eldorado Drilling.
  • Buyback price set at the merger consideration per share; repurchased shares will be cancelled before the merger takes effect.
  • The merger would leave Vantage as a wholly owned subsidiary of Eldorado Drilling, subject to remaining closing conditions.


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