Apollo to Buy, Take Private U.S. Silica in $1.85B Deal
Apollo will purchase U.S. Silica Holdings at a time when service companies are responding to rampant E&P consolidation by conducting their own M&A.
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Darren Barbee, senior editor at Hart Energy, is the point person for A&D transactions and a writer for Oil and Gas Investor magazine and website. Barbee has won several national and state awards for reporting in his 17 years as a journalist, including his work as a reporter for the Fort Worth Star-Telegram before joining Hart. He holds a master's degree in Information Systems from the University of Texas Arlington.
Apollo will purchase U.S. Silica Holdings at a time when service companies are responding to rampant E&P consolidation by conducting their own M&A.
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Kimmeridge Energy Management said in a letter that should SilverBow continue to “stonewall” consideration of a merger offer, shareholders should elect three new independent board members.
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