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Monday, April 8, 2013

GE to acquire Lufkin Industries in $3.3B deal

... of artificial lift technologies for the oil and gas industry, in a deal valued at $3.3 billion. In a statement, Fairfield, Conn.-based GE said Lufkin (Nasdaq: LUFK) will broaden the artificial lift capabilities of its GE Oil & Gas subsidiary beyond ...



via Fairfield Newswire http://www.bizjournals.com/houston/morning_call/2013/04/ge-to-acquire-lufkin-industries-in.html?ana=RSS&s=article_search&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+vertical_30+%28Oil+%26+Gas+Industry+News%29

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