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Strategies & Market Trends : Speculating in Takeover Targets
CTG 7.8000.0%Oct 27 12:00 AM EDT

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From: E_K_S12/9/2019 3:02:11 PM
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Jones Energy bought for $201M
Dec. 9, 2019 2:15 PM ET|About: Jones Energy II Inc (JEII)|By: Carl Surran, SA News Editor

Jones Energy ( OTC:JEII) agrees to be acquired by Mountain Capital Partners affiliate Revolution II WI Holding for $201.5M.

Under the deal terms, Jones Energy shareholders will receive $14.11/share owned of Jones Energy Class A common stock or each unit of Jones Energy Holdings II.

Jones Energy filed for Chapter 11 bankruptcy in April.
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