Precision Drilling (PDS -3.9%) confirms $1.6B, $9/share offer for Grey Wolf (GW +10.4%) -- which...

|About: Precision Drilling Corp... (PDS)|By:, SA News Editor

Precision Drilling (PDS -3.9%) confirms $1.6B, $9/share offer for Grey Wolf (GW +10.4%) -- which will give the Canadian driller a "significant U.S. footprint."