Replies to post #12 on Cameron (CAM)

[Timothy Smith]

Schlumberger (NYSE:SLB) is acquiring oilfield equipment maker Cameron International (NYSE:CAM) in a stock and cash transaction valued at $14.8B.

Under the terms of the agreement, Cameron shareholders will receive 0.716 shares of Schlumberger common stock and a cash payment of $14.44 for each share held.

The deal represents a 56.3% premium to Cameron's closing stock price on Tuesday.