Rival Pressure Pumpers Keane, C&J Energy To Combine In All-Stock Merger

Transaction Type
Basin
Multiple US Shale
Announce Date
Post Date
Close Date
Estimated Price
$745.7MM
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.