Proxy Advisor ISS Gives Lukewarm Approval of Cimarex/Cabot Merger - NewsBreak

Earlier this week MDN told you that a major national proxy advisor, Glass Lewis, is recommending shareholders from both Cimarex Energy (Permian oil driller) and Cabot Oil & Gas (Marcellus gas driller) approve a proposed merger on September 29 when they vote (see Proxy Advisor Glass Lewis in Favor of Cimarex/Cabot Merger). Another (THE other) major national proxy advisor, Institutional Shareholder Services (ISS), has now weighed in with its approval on the deal too–although ISS's approval is decidedly lukewarm and not a full-throated endorsement of the deal.