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Flotek Industries (FTK) Receives Unsolicited Indication of Interest, Engages Piper Sandler

  • December 29, 2021

POTENTIAL DEAL DETAILS

StockFlotek Industries, Inc.SymbolFTK
Date Announced12/27/2021Source Press Release
TypeUnsolicited BidAcquiring Company/Person N/A

Flotek Industries, Inc. (FTK) has received an unsolicited indication of interest for a potential transaction for all or part of the Company. To assist in evaluating this unsolicited indication of interest, Flotek’s Board of Directors has engaged Piper Sandler & Co. as a financial advisor to assist with the evaluation process.

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.