Mrc Global Inc. completed its acquisition of Company and its subsidiaries, according to the Form 8-K Mrc Global Inc. filed with the SEC on 2025-11-06. The filing's Item 2.01 states no aggregate dollar price.
| Acquirer | Mrc Global Inc. |
|---|---|
| Acquired | Company and its subsidiaries |
| Reported by | Mrc Global Inc. (MRC), the buyer |
| Filing | Form 8-K, filed 2025-11-06 |
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What the filing says
As discussed in the Introductory Note, on the Closing Date, DNOW completed its previously announced acquisition of the Company and its subsidiaries.
More from the filing
At the Effective Time, subject to certain exceptions: each eligible share of MRC Global common stock, par value $0.01 per share ("MRC Global Common Stock") was converted automatically into the right to receive 0.9489 shares of DNOW common stock, par value $0.01 per share ("DNOW Common Stock") (the "Merger Consideration"), with cash paid in lieu of the issuance of fractional shares; each share of restricted MRC Global common stock issued under the MRC Global Inc. Omnibus Incentive Plan (as amended, the "MRC Global equity plan") that vests solely on the basis of time (a "MRC Global restricted sh
Such DNOW RSUs will vest and be payable on the same terms and conditions as are set forth in the corresponding award agreement (except that such award will be payable in DNOW Common Stock); each restricted stock unit granted pursuant to the MRC Global equity plan that is subject to performance-based vesting (each, an "MRC Global PSU") that was granted prior to February 2024 was canceled, and the holder became entitled to receive the number of shares of MRC Global Common Stock (rounded to the nearest whole share) subject to the MRC Global PSU, which shares of MRC Global common stock were conver
Such DNOW RSU will vest and be payable on the same terms and conditions as are set forth in the corresponding award agreement (except that such award will be payable in DNOW Common Stock and such award will no longer be subject to performance metrics).
Quoted from Mrc Global Inc.'s Form 8-K.
This is the only completed acquisition Mrc Global Inc. reported under Item 2.01 in the last twelve months.
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Get the free SnapshotWhere this comes from
A public company must file a current report on Form 8-K with the SEC within four business days of completing a significant acquisition or disposition of assets, under Item 2.01 of the report. The acquired company sometimes files one too, when the deal makes it a subsidiary of the buyer.
Every fact on this page is taken from one of those filings and linked to it: which company acquired which, the date the filing gives for completion, and the price when the filing states one in dollars, shown next to the sentence that states it. A filing states what was bought and on what terms; it rarely states why, and neither does this page.