Monthly Archives: September 2016

Rock Holdings Has Been Sold to SM Energy Company

Riverstone Holdings has announced the sale of 100% of its shares at Rock Holdings to SM Energy Company. The company, which is based in Dallas, Texas, was sold for $980 million, according to reliable sources within Riverstone Holdings. Riverstone Holdings expect to realize cash proceeds amounting to $237 million from the sale. Upon the announcement, SM Energy Company’s shares increased by five ...