28.03.2016 13:40:25
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Cameron To Remain Neutral On Schlumberger's Offer To Purchase Senior Notes
(RTTNews) - Cameron (CAM) announced the company elected to express no opinion and remain neutral toward the offer by Schlumberger Holdings to purchase up to $1.2 billion aggregate principal amount of the outstanding senior notes of Cameron. Cameron believes that each noteholder should make its decision as to whether to tender on an individual rather than a collective basis.
The tender offer is being conducted in connection with the previously announced proposed merger of Cameron with a wholly owned subsidiary of Schlumberger.
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Schlumberger N.V. (Ltd.) | 40,60 | 0,87% |
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