Schlumberger - The biggest/baddest oil service company Message Board

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Gold/Mining/Energy : Schlumberger - The biggest/baddest oil service company

SLB 36.68

+0.9%

Nov 7 9:30 AM EST

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To: Bald Eagle who wrote (36)	7/30/1998 11:11:00 AM
From: General Crude	Read Replies (1) of 216

CAMCO-SLB NEWS: NEW YORK, July 30 (Reuters) - Schlumberger Ltd. and Camco International Inc. said Thursday the required waiting period under U.S. antitrust law expired, giving the green light to the merger between Camco and Schlumberger's technology unit. "The proposed merger between Schlumberger Technology Corporation, a wholly-owned subsidiary of Schlumberger, and Camco International Inc., is expected to proceed without further U.S. antitrust review," the companies said in a joint statement. They anticipate the merger will close August 31, following the Camco stockholders meeting. Both Schlumberger and Camco provide oilfield equipment and services.

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