Lufkin To Acquire Quinn's Oilfield Supply For $303M

by Lisa Levin, Benzinga Editor
September 6, 2011 7:13 AM | 14 seconds read |
Lufkin Industries Inc LUFK announced its plans to buy privately held Canadian firm Quinn's Oilfield Supply Ltd for around $303 million. The deal is expected to close before year's end. LUFK shares fell 5.46% to close at $58.83 on Friday.
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