Ranger Energy Services (RNGR) Receives Non-Binding Cash Take Private Offer From Major Stockholders

  • March 17, 2020


StockRanger Energy Services, Inc.SymbolRNGR
Date Announced03/16/2020Source Press Release
TypeUnsolicited BidAcquiring Company/Person N/A

Ranger Energy Services, Inc. (RNGR), an independent provider of well service rigs and associated services in the United States, today announced that it has received a non-binding offer from CSL Capital Management, L.P. and Bayou Well Holdings Company, LLC, proposing to acquire all of the outstanding shares of common stock of Ranger not owned by CSL, Bayou and T. Rowe Price Associates, Inc. in a cash merger transaction for $6.00 per share.

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