Weatherford and NCS Multistage Announce Anticipated Election Deadline and Closing Date
Weatherford International (NASDAQ: WFRD) and NCS Multistage Holdings (NASDAQ: NCSM) announced an anticipated merger deadline of August 31, 2026, with closing expected around September 1, 2026. NCS Multistage stockholders can elect to receive either 0.554 Weatherford shares or a combination of 0.239 Weatherford shares plus cash equivalent to 0.137 shares. The transaction has been approved by both companies' boards and NCS Multistage's controlling stockholder.