Athlon Energy (ATHL; $46.73--Sept. 26; Tender; PT: $58)Encana purchase: Thesis confirmed. While we are not surprised to see a buyer come in on ATHL, it is interesting to note that the company's timeline from IPO (8/2/2013) to sale spanned less than 24 months. The deal price is a ~25% premium to ATHL's close on Friday, therefore, we think this is a strong deal for Athlon investors. Moreover, given ECA's well-publicized efforts to transform its......
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