Atlas America, Atlas Energy announce completion of all-stock merger

By Lisa Kerner

Charlotte, N.C., Sept. 30 - Atlas America, Inc. and Atlas Energy Resources, LLC completed their previously announced merger on Tuesday to form Atlas Energy, Inc.

Each class B common unit of Atlas Energy Resources not currently held by Atlas America was converted into 1.16 shares of Atlas America common stock, according to a form 8-K filed with the Securities and Exchange Commission.

In April, the companies announced they would combine in order to simplify their organizational structure and create "a more attractive investment opportunity with a larger public float."

Both companies are based in Moon Township, Pa., and develop and produce natural gas and oil.

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