Denbury jumps after Bloomberg says exploring possible sale - InvestingChannel

Denbury jumps after Bloomberg says exploring possible sale

Denbury has been working with an adviser to evaluate strategic options, including a sale, Kiel Porter, Gillian Tan and Kevin Crowley of Bloomberg report, citing people with knowledge of the matter. The deliberations may not lead to a transaction, the sources told Bloomberg. Before halting for volatility, Denbury shares jumped 13% to $88.89 following the report.

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