10:13 AM EST - Gran Tierra Energy Inc. : and Solana Resources Ltd. have struck an all-stock deal to combine the two Calgary-based companies active in South America. The deal values Solana at about $688.6 million, a premium of about 14.1 percent to Solana's 20-day weighted average trading price, with the combined company worth about $1.35 billion. Gran Tierra Energy Inc.
shares T.GTE are trading down 70 cents at $5.03.