Patterson-UTI Energy To Acquire Pioneer Energy Services In $295 Mln Deal
(RTTNews) - Patterson-Uti Energy Inc. (PTEN), a provider of oilfield services and products, announced Tuesday that it has entered into an agreement to acquire Pioneer Energy Services Corp. for approximately $295 million, which includes the retirement of all Pioneer Energy Services'' debt. The deal price consists of the issuance of up to 26.
Patterson-UTI Energy To Acquire Pioneer Energy Services In $295 Mln Deal
(RTTNews) - Patterson-Uti Energy Inc. (PTEN), a provider of oilfield services and products, announced Tuesday that it has entered into an agreement to acquire Pioneer Energy Services Corp. for approximately $295 million, which includes the retirement of all Pioneer Energy Services'' debt. The deal price consists of the issuance of up to 26.