Arcosa, Inc. to acquire Cherry Companies

Arcosa, Inc., a provider of infrastructure-related products and solutions, has reached a definitive agreement to acquire Cherry Industries, Inc. and affiliated entities for $298 million. Cherry is a leading producer of natural and recycled aggregates in the Houston, Texas market. For the twelve-month period ended September 30, 2019, Cherry had revenues of approximately$176 million and […]

Parsley Energy acquires Jagged Peak Energy in all-stock transaction

Parsley Energy Inc. and Jagged Peak Energy Inc. have entered into a definitive merger agreement under which Parsley will acquire Jagged Peak in an all-stock transaction valued at approximately $2.27 billion, including Jagged Peak’s net debt of approximately $625 million. Under the terms of the agreement, Jagged Peak shareholders will receive a fixed exchange ratio […]