Article: Imdex boss bullish over $28m Coretrack merger.

Byline: Kate Emery

Jul 22, 2009 (The West Australian - ABIX via COMTEX) -- After in early 2009 abandoning a takeover bid worth $A12m for Australian Drilling Specialties, Western Australia-based mining services provider Imdex has now launched an offer valued at $A28.4m for Coretrack. The transaction will involve stock only, and comes as Imdex CEO Bernie Ridgeway forecasts a slow recovery of the sector from the current bottom of ...

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