M & A Activity will pick up in Q2
Posted: Mon Mar 23, 2015 10:03 am
About 98 percent of participating C&J Energy Services Inc. (NYSE: CJES) shareholders on March 20 approved the proposed merger with Nabors Industries Ltd. (NYSE: NBR) that is expected to close next week.
The roughly $1.4 billion deal involves Houston-based C&J acquiring the production and completion businesses of Bahamas-based Nabors, which has its operational headquarters in Houston.
C&J Chairman and CEO Josh Comstock praised the shareholder votes.
http://www.bizjournals.com/houston/morn ... 1427122915
The roughly $1.4 billion deal involves Houston-based C&J acquiring the production and completion businesses of Bahamas-based Nabors, which has its operational headquarters in Houston.
C&J Chairman and CEO Josh Comstock praised the shareholder votes.
http://www.bizjournals.com/houston/morn ... 1427122915