Eclipse Resources Corporation and Blue Ridge Mountain Resources, Inc. recently announced that the Blue Ridge stockholders have adopted the definitive merger agreement under which Eclipse Resources and Blue Ridge will combine in an all-stock transaction, according to Business Wire.

Furthermore, Blue Ridge stockholders approved the merger and the other transactions contemplated by the definitive merger agreement. The Transaction has now been approved by the boards of directors and stockholders of each company.

As previously disclosed, Blue Ridge stockholders will receive consideration consisting of 4.4259 shares of Eclipse Resources common stock for each share of Blue Ridge common stock, before adjustment for a 15-to-1 reverse stock split of Eclipse Resources common stock to be effected concurrently with the closing of the Transaction.

Learn more: Business Wire > Stockholders of Blue Ridge Mountain Resources, Inc. Approve Combination with Eclipse Resources Corporation