Ameron International Trading over 27% Higher after M&A Deal for $85/Share

by Allie Wickman, Benzinga Staff Writer

July 5, 2011 9:50 AM | 18 seconds read | Make a Comment

National-Oilwell Varco Inc

NOV

announced its plans to pay $85 per share in cash to acquire Ameron International Corp

AMN

in a deal valued at $772 million. The purchase price values AMN at 28% premium over its closing price of $66.27 per share on Friday. Read more

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