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cai dive international

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Cal Dive International to Buy Horizon Offshore for 1.15 Times Revenue
The Deal: Cal Dive International Inc. has agreed to purchase Horizon Offshore Inc. Under the terms of the agreement, each share of Horizon will be exchanged for $9.25 in cash and 0.625 shares of Cai Dive common stock. Based on recent Cal Dive prices, the deal values Horizon at $19.25...
Tags: Cai Dive International, Horizon Offshore Inc.
Research articles 2007-06-18

Additional Resources

Cal Dive International to Acquire Horizon Offshore
Horizon Offshore Inc. (Houston, Texas) announced last month that it has entered into a definitive merger agreement with Cai Dive International Inc. (Houston, Texas). Under the terms of the agreement, Horizon stockholders will receive aggregate total consideration equal to 0.625 shares of Cai Dive common stock and $9.25 in cash...
Tags: Horizon Offshore Inc.
Research articles 2007-07-01
Cal Dive bids $650MM for Horizon Offshore
Cai Dive International Inc.. Houston. (NYSE: DVR) plans to acquire Horizon Offshore Inc.. Houston, (Nasdaq: HOFF) for $650 million in cash, stock and assumed debt.Cai Dive is offering 0.625 Cai Dive share and $9.25 in cash per Horizon share, totaling an estimated 20.4 million Cai Dive shares and $302.5 million...
Tags: Horizon Offshore Inc.
Research articles 2007-08-01
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