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Akita Drilling: Fox Drilling Acquisition Has Materially Expanded Operations

Source: seekingalpha.com

M&A & RestructuringManagement & GovernanceCompany Fundamentals
Akita Drilling: Fox Drilling Acquisition Has Materially Expanded Operations

Akita Drilling completed its acquisition of Fox Drilling from Paramount Resources, which became a major customer. The transactions consolidated Akita's shares into a single class, and the Riddle family, which has significant ownership in Paramount, now holds two board seats at AKTAF.

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