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Published on 4/20/2010 in the Prospect News Bank Loan Daily and Prospect News Distressed Debt Daily.

Meridian Resource amends loan forbearance, gaining time to get shareholder OK for merger

By Sara Rosenberg

New York, April 20 - Meridian Resource Corp. amended its credit facility forbearance agreement to extend the deadline for shareholder approval of the proposed merger with Alta Mesa Holdings LP to May 7 from April 15, according to an 8-K filed with the Securities and Exchange Commission on Tuesday.

The amendment was completed on April 15.

Fortis Capital is the administrative agent on the deal.

Meridian Resource is a Houston-based independent oil and natural gas company.


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