By
Archaea Energy said Monday it is being bought by BP PLC for $26 a share in cash, or a total enterprise value of $4.1 billion, including $800 million of net debt.
The cash consideration represents a 38% premium to the renewable natural-gas company’s average share price for the 30 days ended Friday, Archaea said.
Source: https://www.wsj.com/articles/bp-buys-renewable-natural-gas-company-for-26-a-share-11666009037?siteid=yhoof2&yptr=yahoo