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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Carolann who wrote (17804)4/2/1998 11:05:00 PM
From: John Carpenter  Read Replies (1) of 95453
 
RIG's market capitalization- $5.283B
ESV's market capitalization- $3.983B

I can't see ESV acquiring RIG. Even if ESV paid no
premium at all(doubt it), look at the market caps.
If a premium were to be paid, ESV would be trying to
acquire a company almost twice its size!
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