Robbins & Myers will become a wholly-owned subsidiary of National Oilwell Varco and shareholders of Robbins & Myers will receive US$60.00 in cash for each outstanding common share.
The closing of the merger is still subject to a number of closing conditions, including Hart-Scott-Rodino Antitrust clearance from the United States Department of Justice and clearance by the Canadian Competition Bureau.
www.robn.com
www.nov.com
