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Cal Dive expands in GOM, adding Remington.(Cal Dive International Inc. to acquire Remington Oil and Gas Corp.)
Publication: Oil and Gas Investor Publication Date: 01-MAR-06 Author: Maxwell, Taryn |
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COPYRIGHT 2006 Hart Publications, Inc.
Oil-service company Cal Dive International Inc., Houston, (Nasdaq: CDIS) plans to acquire Dallas-based Remington Oil and Gas Corp. (NYSE: REM) in a cash and stock deal valued at approximately $1.4 billion.
Remington stockholders will receive $27 in cash and 0.436 Cal Dive common share per Remington share, which values Remington shares at approximately...
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