Dawson Geophysical (DWSN) will buy TGC Industries (TGE +17%) for $157M in stock worth about...

|About: Dawson Geophysical Company (DWSN)|By:, SA News Editor

Dawson Geophysical (DWSN) will buy TGC Industries (TGE +17%) for $157M in stock worth about $8/share, a 17% premium to Friday's close. The companies analayze 2D and 3D seismic data to assess potential underground oil and gas deposits. (PR)