National-Oilwell to Buy Ameron Int’l for $772 Million in Cash (NOV, AMN)
Posted on July 05, 2011 at 09:32 AM EDT
Oil and gas drilling products maker National-Oilwell Varco, Inc. (NOV) on Tuesday announced it would buy industrial products and equipment maker Ameron International Corporation (AMN) for about $772 million in cash. The $85 per-share fetching price represents a more than 28% premium over AMN’s Friday closing price of $66.27. In pursuant to the deal, AMN [...]