# Greenland Energy Shares Close Down 5.6% Thursday as Company Announces 80 Mile Deal By John Kim Canonical URL: https://www.tokenpost.com/news/business/57867 Published: 2026-11-15T16:47:30.000Z Updated: 2026-11-15T16:47:30.000Z Section: Business > The company announced late Thursday that it had agreed to acquire 80 Mile in an all-stock transaction. Greenland Energy (GLND) shares closed down 5.6% Thursday after the company agreed late in the session to acquire 80 Mile in an all-stock deal. The agreement adds an energy-sector transaction to the broader M&A activity outlined in a [weekly roundup of recent deals](). ## Links in this article - [weekly roundup of recent deals](https://www.tokenpost.com/news/business/29623)