09:48 AM EST - STEP Energy Services Ltd. : Announces the receipt of a non-binding offer from ARC Financial Corp. to acquire, through one or more funds managed by ARC, 100% of the issued and outstanding common shares in the capital of STEP not currently managed or owned, directly or indirectly, by ARC for a purchase price of $5.50 in cash per share. STEP Energy Services Ltd.
shares T.STEP are trading up $1.13 at $5.39.