Oct 13

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Blog Post: C&J Investor Says $5M Fee Bid Justified By $250M Savings

by Anonymous

Attorneys representing a shareholder of C&J Energy Services Inc. told a Delaware Chancery Court judge Friday that their efforts in a challenge to the $2.9 billion merger of C&J and Nabors Industries Ltd. justify a $5 million fee award because the suit led to a $250 million reduction in the cash paid by C&J in the deal.
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