Latest Shale M&A Mania to Hit Ohio…Banks?!

It doesn't surprise when we hear about mergers and acquisitions (M&As) between "producers" (i.e. drillers) in the Marcellus and Utica Shale--for example the recent purchase of Oxford Oil by Eclipse Resources (see Eclipse Resources buys Oxford Oil, Adds Another 49K Utica Acres). Nor does it surprise when we hear about M&As between midstream--pipeline and processing plants--companies (see Crestwood/Inergy Complete Their Merger Today, Worth $8B). However, what may surprise you is to hear that the Marcellus/Utica is also driving an increase of M&As among banks--particularly in eastern Ohio...

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