whytestocks
6 years ago
News: $FRAC ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of C&J Energy Services, Inc.
NEW YORK , June 17, 2019 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against C&J Energy Services, Inc. (NYSE: CJ) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by Keane Group, Inc. (NYSE: FRAC). St...
Find out more https://marketwirenews.com/news-releases/alert-rowley-law-pllc-is-investigating-proposed-acquisition-of-c-j-energy-services-inc--8369710.html
whytestocks
6 years ago
News: $FRAC Keane and C&J Energy Services to Combine in Merger of Equals, Establishing an Industry-Leading, Diversified Oilfield Services Provider
HOUSTON , June 17, 2019 /PRNewswire/ -- C&J Energy Services ("C&J") (NYSE: CJ) and Keane Group, Inc. ("Keane") (NYSE: FRAC) today announced that they have entered into a definitive agreement whereby the companies will combine in an all-stock merger of equals. The combined company ...
Read the whole news https://marketwirenews.com/news-releases/keane-and-c-j-energy-services-to-combine-in-merger-of-equals-establishing-an-industry-leading-diversified-oilfield-services-provider-8366950.html
LouisDesyjr
8 years ago
The muppets pile in?
Prospectus Filed Pursuant To Rule 424(B)(1)
I hope I am not reading this correctly, but it looks the company is valued at over $2 billion and loses over $100 million per year?
Maybe I am missing something, but what blockhead would buy shares in this?
The only winner I see here is the insiders that cashed out in the IPO.
I am envious of what the company has done, since I wish I could find investors as stupid as these, as this company has done.
Louis J. Desy Jr.
P.S. The shareholder litigation law firms should keep an eye on this one, someday it will make a good case.