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Stock Market & Financial Investment News

News Breaks
January 19, 2013
11:20 EDTRBN, NOVRobbins & Myers notifies DOJ of closing date, compliance on NOV merger
Robbins & Myers (RBN) announced that in accordance with the previously announced timing agreement with the U.S. Department of Justice, DOJ, Robbins & Myers and National Oilwell Varco (NOV) have notified the DOJ of their intention to close the proposed merger transaction in which National Oilwell Varco would acquire all of the outstanding shares of Robbins & Myers for $60.00 per share in cash on February 19, 2013. The timing agreement was entered into in connection with the DOJ's review of the proposed merger under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended.
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