SandRidge Energy $760 million acquisition of Bonanza Creek Energy

Overview:

• SandRidge Energy has acquired Bonanza Creek Energy for $760 million.
• The deal will see SandRidge will acquire Bonanza's outstanding shares.
• The deal will further develop both portfolios .
• Morgan Stanley and Evercore have acted as financial advisers to SandRidge and Bonanza Creek respectively.

Katrin Kostadinova - Data analyst