by Kate Shunney
U.S. Silica Holdings, Inc., the owners of the sandmine operation north of Berkeley Springs, have said they are in the midst of an agreement to sell to affiliates of Apollo Funds – a global investment firm.
In a press release issued on April 26, company officials said that the U.S. Silica board of directors has unanimously approved the $1.85 billion sale.
Under an agreement between U.S. Silica and Apollo Funds, current Silica…
