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PHX Minerals Bags Board Approval For Strategic Alternatives Process Including Potential Merger Or Sale

Benzinga·12/12/2024 11:46:42
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PHX MINERALS INC., "PHX" or the "Company" (NYSE:PHX), today announced that its Board of Directors (the "Board") has agreed to initiate a process to evaluate certain strategic alternatives to maximize shareholder value, including a potential merger or sale of the Company. RBC Capital Markets, LLC has been retained as financial advisor to assist in the review process.