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The sale price is 45.84-a-share price was 37.5 percent higher than Smith closing price on 18 February 2010. The deal was the biggest acquisition in Schlumberger history until their acquisition of Cameron International. The merger was completed on August 27, 2010.
Numbers can lie -- yet they're the best first step in determining whether a stock is a buy. In this series, we use some carefully chosen metrics to size up a stock's true value based on the ...
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Schlumberger (SLB) closed the most recent trading day at $35.85, moving -0.94% from the previous trading session.
A February 21, 2010 announcement said Schlumberger would acquire the company in an all-stock deal valued at $11.3 billion. The sale price of 45.84 per share was 37.5 percent higher than Smith's closing price on February 18, 2010. The deal was the biggest acquisition in Schlumberger history until their acquisition of Cameron International.
Higher oilfield service demand is aiding Schlumberger (SLB). For premium support please call: 800-290-4726 more ways to reach us
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