PR came Friday after market close. About 6:15PM est!
$Diamond Offshore Drilling (DO.US)$ Watching Tuesday! It didn’t get much of a move at all. Could be because of it was Friday and Holiday to boot? (((((((. Diamond Offshore Drilling said it received the final required regulatory approval for its acquisition by Noble Corp.
American offshore oil drilling company Noble in June said it would acquire smaller rival Diamond for $1.59 billion in a stock-and-cash deal.
On Friday, the companies said the Australia Competition & Consumer Commission gave its receipt of clearance for the deal, which was the final required regulatory approval needed for the transaction.
The transaction, initially expected to close by the first quarter of 2025, is now expected to close Sept. 4.)))))))))
So will be at the top of my Watch List Tuesday! Remember, if the chart / volume isnt telling you to trade, it just may not be a trade. Hope all are having a great and safe weekend![]()
American offshore oil drilling company Noble in June said it would acquire smaller rival Diamond for $1.59 billion in a stock-and-cash deal.
On Friday, the companies said the Australia Competition & Consumer Commission gave its receipt of clearance for the deal, which was the final required regulatory approval needed for the transaction.
The transaction, initially expected to close by the first quarter of 2025, is now expected to close Sept. 4.)))))))))
So will be at the top of my Watch List Tuesday! Remember, if the chart / volume isnt telling you to trade, it just may not be a trade. Hope all are having a great and safe weekend
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