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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Rowan Companies Plc Class A Ordinary Shares | NYSE:RDC | NYSE | Ordinary Share |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 10.93 | 0.00 | 01:00:00 |
From May 2019 to May 2024
By Josh Beckerman
Rowan Cos. (RDC) is adjourning a Jan. 23 shareholder meeting as it continues to review a revised buyout offer from Ensco PLC (ESV).
Rowan will respond "in due course" and then determine a date to reconvene the meeting.
The offshore oil drillers announced the stock-swap deal in October. At the time, Rowan had a market value of about $2.4 billion.
Rowan shareholder Canyon Capital said Jan. 7 it would oppose the transaction. On Monday, Ensco said it would offer 2.6 Ensco shares for each Rowan share, up from 2.215 previously.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
January 17, 2019 18:02 ET (23:02 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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