HOUSTON, TX / ACCESSWIRE / May 28, 2019 / Camber Energy, Inc. (NYSE American: CEI) (the "Company" or "Camber"), based in Houston, Texas, today announced that Lineal Star Holdings ("Lineal"), www.LinealStar.com, the acquisition target which Camber is seeking to acquire (through its subsidiaries) pursuant to its previously disclosed non-binding letter of intent, are finalizing closing documents for the planned combination transaction, which the Company expects to complete by Friday, May 31, 2019. The closing remains subject to the holder of the Company's Series C Redeemable Convertible Preferred Stock agreeing to the terms of the transaction, Lineal agreeing to certain other required closing conditions, approval of the NYSE American of the transaction agreements, and certain other closing conditions which the Company is taking steps to finalize by this Friday.
Camber Energy Announces That It Is Finalizing Closing Documents for Its Planned Acquisition of Lineal Star Holdings
May 28, 2019
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