UPDATE: Notable ETF Movers of the Day 09/05: (SPY) (XES) Higher; (KOL) (KES) Lower
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Bristow Group (BRS) to Acquire Cougar Helicopters for $250M + Earnouts
September 4, 2012 6:31 AM EDTBristow Group Inc. (NYSE: BRS), the leading provider of helicopter services to the worldwide offshore energy industry, and Cougar Helicopters Inc., the largest offshore energy and search and rescue (SAR) helicopter service provider in Canada ("Cougar"), today jointly announced that Bristow has entered into a definitive agreement with Cougar's parent VIH Aviation Group Ltd. ("VIHAG") and various VIHAG affiliates to acquire a minority interest in Cougar and certain aircraft and facilities used by Cougar in its operations. Cougar's operations are... More
