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Article: Ponder goes fishing.(Ponder Industries Inc. to complete acquisition of Fishing Tools Inc.)
- Article from:
- The Oil Daily
- Article date:
- January 20, 1998
CopyrightCOPYRIGHT 1998 Energy Intelligence Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Ponder Industries Inc. announced Friday that it has completed an $11 million private equity placement that will allow it to complete its acquisition of Fishing Tools Inc., a full-service and rental tool company with a significant offshore presence.
Houston-based Ponder, an international oil field service and rental tool company, said the deal will strengthen its operations in the Louisiana and offshore Gulf Coast markets, where it is ...
Related newspaper, magazine, and journal articles:
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Article: Ponder to Acquire Fishing Tools, Inc.
PR Newswire;
November 3, 1997 ;
700+ words
... ... purchase the outstanding stock of Fishing Tools, Inc. for $6.5 million ... million in Ponder common stock. Fishing Tools, Inc. is a full service fishing ... Executive Officer said, "Fishing Tools, Inc.'s presence in Louisiana ...
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