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A&D - Revolution buys out recently bankrupt Jones for $202MM - December 2019
After exiting bankruptcy earlier this year, Oklahoma driller Jones Energy is being acquired by Mountain Capital Partners portfolio company Revolution Resources for $201.5 million. Jones shareholders will receive $14.11 cash for each share of Jones Energy Class A common stock or each unit of Jones Energy Holdings II. The transaction “marks the completion and successful outcome of the board’s extensive strategic alternatives process, which has been underway since earlier this year,” Jones chairman Jim......
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