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home / articles / CCLP - What's Going On With Natural Gas Compression Company CSI Compressco Shares Today? | Benzinga


CCLP - What's Going On With Natural Gas Compression Company CSI Compressco Shares Today? | Benzinga

CSI Compressco LP (NASDAQ: CCLP) disclosed its acquisition by Kodiak Gas Services, Inc (NYSE: KGS) in an all-equity transaction valued at approximately $854 million, including the assumption of $619 million of net debt, based on the closing price of Kodiak's stock on December 18, 2023.

As per the deal, CSI Compressco unitholders will receive 0.086 shares of KGS common stock for each unit they own, representing a price of about ...

Full story available on Benzinga.com

Stock Information

Company Name: CSI Compressco LP
Stock Symbol: CCLP
Market: NASDAQ
Website: csicompressco.com

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