McDermott and CB&I Stockholders Approve Proposed Combination

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UPDATE: Subsea 7 Withdraws Proposal to buy McDermott (MDR)

May 2, 2018 11:35 AM EDT

(Updated - May 2, 2018 11:37 AM EDT)

Subsea 7 today announced that it had taken note of McDermott International, Inc (NYSE: MDR) shareholders' vote in favour of a combination with CB&I (NYSE: CBI).

In light of this... More