Solaris Receives Shareholder Approvals For Proposed Mobile Energy Rentals Acquisition
Portfolio Pulse from Benzinga Newsdesk
Solaris Oilfield Infrastructure, Inc. (SOI) has received shareholder approval for its proposed acquisition of Mobile Energy Rentals. This acquisition is expected to enhance Solaris' service offerings and market position.
August 30, 2024 | 8:16 pm
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Solaris Oilfield Infrastructure has received shareholder approval for its acquisition of Mobile Energy Rentals, which could strengthen its market position and service offerings.
The acquisition approval is a significant step for Solaris, as it allows the company to expand its service offerings and potentially improve its competitive position in the market. This positive development is likely to have a favorable impact on the stock price in the short term.
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