Dilution? Read again. This will be incredibly accretive for Whiting in 2015. Who knows what Mr. Market does? But if I was a WHiting shareholder I'd be thrilled. I will be holding my KOG shares for sure. Whiting made a very very smart buy.
Help me out. Words are cheap. Just because the CEO says that does not mean it will be true. But they must be issueing new shares for the buyout, that dilutes WLL's shareholders. I doubt if the tooth fairy is going to give her shares for the buyout, they have to be issued and that is dilution.