Robbins & Myers Inc Updates On Merger With National Oilwell Varco Inc


Saturday, 22 Dec 2012 02:38pm EST 

Robbins & Myers Inc announced that it and National Oilwell Varco Inc have entered into a timing agreement with the United States Department of Justice (DOJ) pursuant to which Robbins & Myers and National Oilwell Varco have agreed to provide at least 30 days notice to the DOJ prior to consummating the proposed merger transaction in which National Oilwell Varco would acquire all of the outstanding shares of Robbins & Myers for $60.00 per share in cash (the Merger). The parties are continuing to provide information to the DOJ; however without DOJ consent, the Merger cannot close prior to February 18, 2013. the plaintiff in the previously disclosed shareholder law suit pending in the United States District Court for the Southern District of Ohio agreed not to pursue injunctive relief to enjoin the special meeting of shareholders scheduled for December 27, 2012. 

Company Quote

84.0
-0.41 -0.49%
22 Aug 2014