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Stock impact report

EPIC Offshore Specialty, LLC Has Agreed to Acquire the Offshore Services Division of TETRA Technologies, Inc.

Tetra Technologies, Inc. (TTI) 
Last tetra technologies, inc. earnings: 2/27 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.tetratec.com
Company Research Source: Business Wire
HOUSTON--(BUSINESS WIRE)-- EPIC Offshore Specialty, LLC (EPIC) is pleased to announce it has agreed to acquire the entire Offshore Services division of TETRA Technologies, Inc. (NYSE: TTI) (TETRA). Specifically, the businesses to be acquired are the diving (EPIC Diving and Marine Services), heavy lift, specialized cutting (EOT Cutting Services), rigless well P&A, and consulting (TSB Offshore) businesses of TETRA. These businesses provide offshore decommissioning, construction, installation and maintenance services to customers in the U.S. Gulf of Mexico and other markets. At the close of this transaction, EPIC will become an independent company backed by a $1.0 billion private company. EPIC will retain the same leadership, employees, assets, quality and safety standards, as well as all certifications. “We are excited about our new ownership and what this means for the future of our company. Servi Show less Read more
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