Diamond Offshore Drilling shares are trading higher after the company disclosed a definitive agreement to be acquired by Noble Corporation in a stock-plus-cash transaction.
Key Transaction Terms
Under the terms of the merger agreement, Diamond shareholders will receive 0.2316 Noble shares and $5.65 per share in cash for each Diamond share (representing $600
Companies Reporting Before The Bell
• BBVA (NYSE:BBVA) is likely to report earnings for its third quarter.
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