Shareholders Of Patterson-UTI Energy And NexTier Oilfield Solutions Approve Merger Of Equals
Shareholders Of Patterson-UTI Energy And NexTier Oilfield Solutions Approve Merger Of Equals
Patterson-UTI Energy, Inc. (NASDAQ:PTEN) ("Patterson-UTI") and NexTier Oilfield Solutions Inc. (NYSE:NEX) ("NexTier") today announced that, at separate special meetings held earlier today, both companies' shareholders voted in favor of all proposals necessary for the closing of the previously announced all-stock merger of equals transaction.
帕特森-UTI Energy, Inc.（納斯達克股票代碼：PTEN）（“Patterson-UTI”）和NexTier Oilfield Solutions Inc.（紐約證券交易所代碼：NEX）（“NexTier”）今天宣佈，在今天早些時候舉行的單獨特別會議上，兩家公司的股東都對完成先前宣佈的全股同等合併交易所需的所有提案投了贊成票。
Andy Hendricks, Chief Executive Officer of Patterson-UTI, commented, "We are pleased with the overwhelming support of shareholders for our pending transaction with NexTier. Today's shareholder approval is an important milestone in the process of bringing together our complementary organizations. We look forward to closing the transaction and creating a leading drilling and completions provider."
Patterson-UTI首席執行官安迪·亨德里克斯評論說：“我們很高興股東對我們與NexTier的未決交易給予壓倒性的支持。今天的股東批准是我們互補組織整合過程中的一個重要里程碑。我們期待完成交易，並創建一個領先的鑽探和完井供應商。”
Robert Drummond, President and Chief Executive Officer of NexTier, added, "We appreciate that our shareholders recognize the significant value of this transaction and the compelling upside potential of the combined NexTier and Patterson-UTI platform. We look forward to uniting the talent and expertise of our teams to unlock the considerable opportunities ahead for our shareholders and customers."
NexTier總裁兼首席執行官羅伯特·德拉蒙德補充說：“我們感謝我們的股東認識到這筆交易的巨大價值以及合併後的NexTier和Patterson-UTI平台具有令人信服的上行潛力。我們期待彙集我們團隊的才華和專業知識，爲我們的股東和客戶開啓未來的巨大機遇。”
At the special meeting of Patterson-UTI stockholders held today, more than 93 percent of the outstanding shares of Patterson-UTI common stock were represented, and more than 99 percent of the votes cast were in favor of the merger-related proposals. At the NexTier special meeting of stockholders also held today, more than 90 percent of the outstanding shares of NexTier common stock were represented, and more than 97 percent of the votes cast were in favor of the merger-related proposals.
在今天舉行的帕特森-UTI股東特別會議上，超過93％的帕特森-UTI普通股已發行股有代表，超過99％的選票贊成與合併相關的提案。在今天同樣舉行的NexTier股東特別會議上，90％以上的NexTier普通股已發行股有代表，超過97％的選票贊成與合併相關的提案。
Patterson-UTI and NexTier will each file the final vote results for their respective special meetings on a Form 8-K with the U.S. Securities and Exchange Commission. The merger remains subject to satisfaction of other customary closing conditions and is expected to close on September 1, 2023.
Patterson-UTI和NexTier將分別以8-K表格向美國證券交易委員會提交各自特別會議的最終投票結果。合併仍需滿足其他慣例成交條件，預計將於2023年9月1日完成。
Under the terms of the previously announced merger agreement, NexTier shareholders will receive a fixed exchange ratio of 0.7520 shares of Patterson-UTI common stock for each share of NexTier common stock owned.
根據先前宣佈的合併協議的條款，NexTier股東每持有的NexTier普通股將獲得0.7520股帕特森-UTI普通股的固定匯率。