Dear Mr. ChairmanWilks Bro's reported a 12% stake and if hstory is any indication then they probably are on their way to a 20% stake. Look for a diffent playbook as oposed to how they handled Trican which didnt have a founder stil involved. This is a bloated, stretched out, former titan which needs to rationalize their biz. but getting leaner, their bloated debt levels must be addressed one way or the other.
It is only through these aggressive moves will we see continued m+a in the services space which is desperately needed. Perhaps the "do-nothing" mutual funds will finally get more involved in their investments instead of just cutting bait.