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C&J Energy (CJES) agrees to acquire Casedhole Holdings, a multi-regional provider of...

Jun. 06, 2012 4:56 PM ETC&J Energy Services, Inc. (CJ) StockNEXBy: Carl Surran, SA News Editor8 Comments

C&J Energy (CJES) agrees to acquire Casedhole Holdings, a multi-regional provider of cased-hole wireline and other services for energy producers, for $272.5M in cash. CJES expects the addition to be immediately accretive to 2012 earnings and cash flow. CJES +1.1% AH.

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