Announced

Ecoark Holdings to acquire Banner Midstream from Banner Energy Services for $18m.

Synopsis

Ecoark Holdings, a diversified holding company, to acquire Banner Midstream, a transportation company, from Banner Energy Services for $18m. “The acquisition of Banner Midstream reflects a first step in our strategy to strengthen our operations and long-term business viability. We look forward to evaluating additional investment opportunities in the energy markets as they offer positive cash flow at historically low prices," Randy May, Ecoark Chairman and CEO.

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