Thursday, August 9, 2012

Investopedia: National Oilwell Varco Goes Back To The M&A Well In A Big Way

Energy service equipment giant National Oilwell Varco (NYSE:NOV) has never exactly been shy about doing deals, with six deals in the second quarter of 2012 alone, and the company announced another large plunge the morning of August 9. National Oilwell announced a friendly all-cash deal to acquire smaller equipment maker Robbins & Myers (NYSE:RBN) for $2.5 billion.

Please continue here:
http://stocks.investopedia.com/stock-analysis/2012/National-Oilwell-Varco-Goes-Back-To-The-MA-Well-In-A-Big-Way-NOV-RBN-CAM-GE0809.aspx

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