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Re: captain america post# 82

Monday, 04/21/2008 2:52:05 PM

Monday, April 21, 2008 2:52:05 PM

Post# of 101
Grey Wolf Inc. (GW, $7.18, -$0.42, -5.53%) and Basic Energy Services Inc. (BAS, $26.98, $1.24, 4.81%) definitively agreed to merge and form a new company valued at about $2.9 billion, the companies said on Monday. Under the terms, holders of Grey Wolf will get $1.82 cash and 0.25 share of the new company for each of their shares. Basic Energy holders get $6.70 cash and 0.9195 share of the new firm for each of their shares. .

http://houston.bizjournals.com/houston/stories/2008/04/21/daily1.html?ana=yfcpc