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Door open to friendly takeover by Precision

Posted on June 25, 2008

The door is open, or perhaps ajar, to a friendly takeover of oil services firm Grey Wolf by Precision Drilling[amp]nbsp;Trust. Calgary-based Precision raised its cash-and-shares bid for its Texas-based rival for the second time Wednesday, with a bump to $10 a share, or $1.79-billion. Precision is saying - Follow link to read full post ...

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calgary , oil