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(From M2 Equity Bites)
M2 EQUITYBITES-June 6, 2012-MRC Global Inc to acquire Chaparral Supply LLC's assets plus executes five year supply agreement (C)1994-2012 M2 COMMUNICATIONS http://www.m2.com
Pipe & valve company MRC Global Inc (NYSE:MRC) revealed on Tuesday the launch of an agreement, subject to customary closing conditions, to acquire the majority of the operating assets of Chaparral Supply LLC for an undisclosed value.
Chaparral Supply LLC, which is a wholly owned subsidiary of SandRidge Energy Inc (NYSE:SD), reportedly provides pipe, valve and fitting …