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Title : Rock Pile -- May 19, 2017
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Rock Pile -- May 19, 2017

Making the front page news over at Yahoo!Finance: Keane (FRAC) buys Rock Pile for $285 million.

Use the blog's search tool to learn more about Rock Pile. Start here.

Investors should know that Houston-based private equity firm White Deer Energy is the current owner of RockPile Energy. Denver-based RockPile Energy provides high-quality completion services to various upstream companies and primarily operates in the Bakken and Permian basins.

Keane is expected to pay $135 million in cash and 8.7 million shares of its common stocks for the transaction. The deal also incorporates contingent consideration of up to $20 million in case Keane’s stock price falls below $19 per unit.

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