Brief: Spark Energy Announces Two Acquisitions

Via Renewables

08/03/2018 23:26

March 8 (Reuters) - Spark Energy Inc  SPKE.O :
    * SPARK ENERGY, INC. ANNOUNCES TWO ACQUISITIONS, ENGAGEMENT
OF
FINANCIAL ADVISOR, AND REPORTS FULL YEAR AND FOURTH QUARTER 2017
FINANCIAL RESULTS
    * SPARK ENERGY INC - ‍EXPECTS FULL YEAR 2018 ADJUSTED EBITDA
TO BE
SIMILAR TO THAT OF 2017​
    * SPARK ENERGY INC - ‍ON MARCH 7, CO ACQUIRED APPROXIMATELY
50,000
RCES FOR ABOUT $12.5 MILLION IN CASH​
    * SPARK ENERGY INC - ‍NGAGED MORGAN STANLEY AS FINANCIAL
ADVISOR
TO EVALUATE STRATEGIC ALTERNATIVES​
    * SPARK ENERGY INC - AGREED TO REINTEGRATE EMPLOYEES AND
OPERATIONS OF RETAILCO SERVICES, LLC
    * SPARK ENERGY INC - ‍CONTINUE TO SIMPLIFY, STREAMLINE, AND
OPTIMIZE ORGANIZATION​

Source text for Eikon:  ID:nGNX27pfRm 
Further company coverage:  SPKE.O 

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