Rival Pressure Pumpers Keane, C&J Energy To Combine In All-Stock Merger
Transaction Type
Sellers
Basin
Multiple US Shale
Announce Date
Post Date
Close Date
Estimated Price
746MM
Description
Acquired Keane through a merger of the Houston-based pressure pumpers that formed NexTier Oilfield Solutions; C&J and Keane shareholders to own roughly 50% of the combined company.