12:14 PM EST - Raging River Exploration Inc : And Baytex Energy Corp. announced that their respective boards of directors have unanimously agreed to a strategic combination of the two companies. The combined organization will be a well-capitalized, oil-weighted company with an attractive growth and free cash flow profile provided by its world class assets across North America. The combined organization will have an enterprise value of approximately $5 billion and operate under the Baytex name. Raging River Exploration Inc
shares T.RRX are trading down $0.57 at $5.71.
