Examples of Merger Transactions in a sentence
General and administrative expense increased $61.8 million, or 374%, in 2021 compared to 2020, driven primarily by an increase in our equity-based compensation of $40.7 million primarily due to the Merger Transactions and the additional cost recognized due to the modification of Contango equity-classified PSUs (see Item 8.
Includes only 25 days of production for assets acquired in the Merger Transactions.
Transaction expenses of $23.1 million during the year ended December 31, 2021 were primarily related to legal, consulting and other fees incurred for the Noncontrolling Interest Carve-out, the April 2021 Exchange and the Merger Transactions, partially offset by $3.4 million received in connection with a midstream legal settlement.
Our Relationship with the KKR Group On December 7, 2021, in connection with the closing of the Merger Transactions, we entered into the Management Agreement with the Manager, that engages the Manager to provide certain management and investment advisory services to us and our subsidiaries.
Management Agreement In connection with the Merger Transactions, we entered into a Management Agreement to engage the Manager to manage the strategy, assets and day-to-day business and affairs of us and our subsidiaries, subject at all times to applicable law, the further terms and conditions set forth in the Management Agreement and to the supervision of our Board of Directors.