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National Oilwell Varco (NOV) agrees to acquire oil and gas equipment distributor...
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Wednesday, May 30, 2012, 5:29 PM ETNational Oilwell Varco (NOV) agrees to acquire oil and gas equipment distributor CE Franklin (CFK) for ~C$240M. The C$12.75/share price is a 36% premium to the volume weighted average price over the 20-day period prior to April 17, when CFK said it was reviewing strategic alternatives.
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