http://www.catherineruddell.com/vinyl-siding-and-its-high-demand/
The purchase price is based onNatco Group’zs closing stock price of $31.03 on June 1. Under the Natco (NYSE: NTG) shareholders will receive 1.185 shares in Houston-based Camerob (NYSE: CAM) in return for each of Natco’s 20.3 million shares outstanding. In a Tuesday conferenced call, it was stated that the companieshave “admired each other’s capabilitiex for three years.” “As you know, Natco builds processing and separation products, something that Cameron outsources most of today,” said Jack president and chief executive officer of He said he estimates that combiningy the companies will yield a cost savingz of about $30 million to $40 When the deal closes in the third quarter, Natcp shareholders will own about 10 percent of Cameron’s 217 million shares Natco has about 2,400 employee s and had revenue of more than $650 million during 2008.
Simmonas & Co. International served as financial adviser toCameron CAM), while Barclays Capital servedf as financial adviser to
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