1. SandRidge Energy Terminates Bonanza Creek Deal

    SandRidge Energy Terminates Bonanza Creek Deal

    (Reuters) - Oil and gas producer SandRidge Energy ( SD.N ) on Thursday backed out from its plan to buy smaller rival Bonanza Creek Energy ( BCEI.N ), giving in to pressure from activist investor Carl Icahn and other shareholders. Oklahoma-based SandRidge, which emerged from bankruptcy last year, had said in November that it would pay $746 million for Bonanza Creek to expand its presence in the Denver-Julesburg Basin of Colorado...

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