Roan Resources Announces it Has Engaged Citigroup and Jefferies to Assist with Strategic Alternatives Review
(WorldNews Business)

OKLAHOMA CITY--(BUSINESS WIRE)--May 20, 2019-- Roan Resources, Inc. (NYSE: ROAN) (`Roan` or the `Company`) today announced that it has engaged Citigroup Global Markets Inc. (`Citi`) and Jefferies LLC (`Jefferies`), to assist the Company in evaluating strategic alternatives. As previously announced on April 29, 2019, the Company has received multiple unsolicited indications of interest for an outright purchase of the Company, as well as inbound inquiries from potential consolidation partners, and has formed a transactional working committee (the `Committee`) of its Board to evaluate potential strategic alternatives for the Company. Since that date, the Company has continued to receive...