Fir Tree Partners oppose SandRidge's $746-mln bid for Bonanza
November 20, 2017 at 08:17 AM EST
Nov 20 (Reuters) - Activist investor Fir Tree Partners on Monday opposed SandRidge Energy's $746-million acquisition of rival Bonanza Creek Energy. Fir Tree Partners said the proposed deal would "drain SandRidge of its entire cash balance".