Quicksilver Resources Inc's top shareholder, the Darden family, dropped its bid to take the company private saying the company's current financial position and management are a better bet than taking it private. "The Darden Family Interests have decided not to pursue a take private transaction at this time because they have concluded that Quicksilver Resources' current capital structure and governance is superior to an alternate private structure," it said in a statement. Quicksilver was made an offer valuing it in excess of $16 a share by an investor group, which included its Chief Executive Glenn Darden and Chairman Thomas Darden, as well as Darden family-controlled Quicksilver Energy LP.
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