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Stock Market & Financial Investment News

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February 21, 2013
08:09 EDTWHWSP Holdings enters into definitive agreement for going private transaction
WSP Holdings announced that it has entered into an Agreement and Plan of Merger with WSP OCTG GROUP, a company owned by H.D.S. Investments LLC, and JM OCTG GROUP Ltd., a company with limited liability and a direct wholly-owned subsidiary of Parent). The transaction contemplated under the Merger Agreement represents a total transaction value of approximately $893.6M, including the assumption of the Company's outstanding debt.
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