Basic Energy Services (BAS) and Grey Wolf (GW) Terminage Merger Agreement
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Basic Energy Services, Inc. (NYSE: BAS) and Grey Wolf, Inc. (Amex: GW) terminated the Agreement and Plan of Merger.
The decision to terminate the Merger Agreement was made after Grey Wolf's stockholders did not approve the Merger Agreement.
Grey Wolf has an alternative offer from Precision Drilling Trust (NYSE: PDS) to acquire the company for $9.30 per share.
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Mergers and AcquisitionsStocks Mentioned
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