By: Benzinga
December 29, 2012 at 12:52 PM EST
Newpark Resources to Acquire Assets and Operations of Alliance Drilling Fluids for $53M
Newpark Resources (NYSE: NR ) today announced that it has entered into a definitive agreement to acquire substantially all assets and operations of Alliance Drilling Fluids, LLC ("Alliance"), a provider of drilling fluids, proppants, and related services headquartered in Midland, Texas. Under the terms of the agreement, cash consideration
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