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Hamm family moves to make legacy US oil producer Continental Resources private

Shale oil producer Continental Resources said on Tuesday it had received an all-cash buyout proposal from billionaire-founder Harold Hamm’s family trust, which valued the company at US$25.41 billion.

Hamm family moves to make legacy US oil producer Continental Resources private Hamm family moves to make legacy US oil producer Continental Resources private Hamm family moves to make legacy US oil producer Continental Resources private Hamm family moves to make legacy US oil producer Continental Resources private Hamm family moves to make legacy US oil producer Continental Resources private

 

The Hamm family holds approximately 83% of the total outstanding shares of the company's common stock, CNBC reported.

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