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Exco Resources Retains Barclays, Evercore Partners To Advise On Take-Private Offer

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November 22, 2010

The Special Committee of Dallas-based Exco Resources Inc.'s board (NYSE: XCO) has retained financial advisors Barclays Capital Inc. and Evercore Partners  to assist in evaluating and determining the company's response to the proposal made in October by Douglas H. Miller, chairman and chief executive, to purchase all of the outstanding shares of stock of the company for a cash purchase price of $20.50 per share ($4.4 billion).

The Special Committee cautions its shareholders and others considering trading in its securities that no decisions have been made with respect to the ...


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