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Last update: Dec 13, 2021
NEW YORK, Dec. 13, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Nuverra Environmental Solutions, Inc. ("Nuverra" or the "Company") (NYSE: NES), in connection with the proposed acquisition of the Company by Select Energy Services, Inc. ("Select") (NYSE: WTTR). Under the terms of the merger agreement, the Company's shareholders will receive approximately 4.2 million shares of Select Class A common stock in exchange for all outstanding shares of Nuverra. The transaction is valued at approximately $45 million.
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