SM Energy considers legal action after deal craters

Filed under: AM Roundup |

SM Energy says it is in dispute with Endeavor International, after the deal to buy SML”s Marcellus shale assets ended.

The Denver Business Journal is reporting that SM says that the Houston-based company cannot back away from the deal and is threatening legal action if it tries.

The deal was originally for $10 million.

Read more at the Denver Business Journal.