Energy services operator, Ameron close $777 million merger

Sources: National Oilwell Varco, Houston; Ameron International Corp., Pasadena, Calif.; CP staff

Nearly 100 percent of votes cast at an October 5 Ameron stockholders meeting favored a merger with National Oilwell Varco (NOV), closing a transaction the companies’ boards had proposed exactly three months prior. The vote nets Ameron stockholders $85/share and ends the company’s New York Stock Exchange trading.

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