Speculating in Takeover Targets Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Speculating in Takeover Targets

ULBI 7.030

+2.5%

Oct 31 9:30 AM EDT

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: richardred	9/4/2018 11:26:04 AM
	Read Replies (1) of 7239

Transocean to buy Ocean Rig in $2.7 bln deal Sept 4 (Reuters) - Drilling rig contractor Transocean Ltd said on Tuesday it would acquire Ocean Rig UDW Inc in a cash-and-stock deal valued at about $2.7 billion, including debt. Transocean will pay 1.6128 newly issued shares and $12.75 in cash for each share of Ocean Rig’s common stock for a total implied value of $32.28 per Ocean Rig share, which represents a premium of 19.2 percent to the stock’s Friday’s close. (Reporting by Karan Nagarkatti in Bengaluru) af.reuters.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next