Tres Energy Acquires Adams Resources & Energy for $138.9 Million in Cash

Adams Resources & Energy, Inc. (AE) entered a merger agreement on November 12, 2024, to be acquired by an affiliate of Tres Energy LLC in a deal valued at $138.9 million, including debt.

Details of the Agreement:

Under the terms of this agreement, Adams stockholders will receive $38.00 per share in cash, representing a 34.28% premium from the stock’s last close.

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