On January 29, 2014, Rice Energy Inc. (NYSE: RICE) closed its $1.05 billion initial public offering of 50 million common shares at a price to the public of $21 per share. RICE offered 30 million shares, while the selling stockholder — NGP Holdings — offered 20 million shares. The company won’t receive any proceeds from shares sold by NGP Holdings. (more…)
Martin Marietta Materials, Inc. and Texas Industries, Inc. announced that the Boards of Directors of both companies have unanimously approved a definitive merger agreement under which Martin Marietta will acquire all of the outstanding shares of Texas Industries common stock in a tax‑free, stock‑for‑stock transaction valued at US$2.7 billion. Cravath represented Martin Marietta in connection with this transaction. (more…)
Akin Gump advised EP Energy Corporation in its initial public offering of 35.2 million shares of its common stock at a public offering price of $20 per share, which closed on January 23. The underwriters have a 30-day option to purchase from the company up to an additional 5.28 million shares of common stock at the public offering price (less underwriting discounts and commissions). EP Energy’s common stock began trading January 17 on the New York Stock Exchange under the ticker symbol “EPE.” (more…)
Cox Smith Matthews Incorporated (“Cox Smith”), the largest law firm in San Antonio, today announced litigator Jaime Aranda has joined the firm’s McAllen office as senior counsel (more…)
Dentons announced that Stuart Blaugrund has joined its Litigation and Dispute Resolution practice as a partner in the Dallas office. He joins from Gardere Wynne Sewell LLP, where he was also a partner. (more…)
At the end of 2013, Chief Oil & Gas and its working interest partners, Enerplus Resources (USA) and Tug Hill Marcellus, acquired MKR Holdings LLC from a subsidiary of Chesapeake Energy Corporation for about $500 million. (more…)
The Underwood Law Firm, P.C. is pleased to announce the addition of 3 Shareholders and a new office location in downtown Fort Worth, Texas. Joining Melissa B. Kates in the Fort Worth office are: Cara D. Kennemer, Rick Lambert, and Richard E. Schellhammer. (more…)
