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Shaw Bought By Chicago Bridge, Shares Jump 70%
Monday, July 30, 2012 - 8:51amThe Shaw Group (NYSE: SHAW), a Fortune 500 company based out of Baton Rouge, has been bought by The Chicago Bridge & Iron Company (NYSE: CBI). The price is $41 a share, with a further $5 equity per share. Upon hearing the news, markets quickly reacted as Shaw traded up around 70 percent pre-...
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