Ameron sets October meeting for proposed NOV merger vote
- Published: Tuesday, 20 September 2011 13:33
- Written by CP Staff
Ameron International Corp. stockholders will convene in early October to vote on proposals related to a takeover by Houston-based National Oilwell Varco Inc. The companies’ boards jointly announced July 1 an agreement whereby NOV would acquire Pasadena, Calif.-based Ameron in a $772 cash transaction, with stockholders receiving $85/share —a 27 percent premium to mid-year trading.