by John Nixon on April 3, 2010
source: NewsOK
Tulsa-based North American Galvanizing & Coatings Inc. has agreed to be acquired through a cash tender offer for $7.50 per share in cash or about $126 million. That news, issued before markets opened Thursday, sent North American Galvanizing shares to $7.49, a 34.7 percent gain. More than 4 million shares traded, about 80 times the average daily volume. North American Galvanizing shares were the second-biggest daily gainer on the Nasdaq Stock Exchange.
Under the agreement, North American Galvanizing would be merged with a subsidiary of Fort Worth-based AZZ Inc., a major competitor in the galvanizing industry. The tender offer from AZZ is scheduled to commence April 30. The companies expect the transaction can close by the end of August.
Read more here.
by John Nixon on March 30, 2010
Emil Peña, Executive Director for the National Corrosion Center, was invited to moderate at the conference “Natural Gas Nation”. As described by the George Bush Institute,
“Natural Gas Nation” addressed the question of what needs to be done to make America’s explosively growing reserves of natural gas a true game-changer – for the environment, for the economy and for national security.
To learn more about Natural Gas Nation, go to Natural Gas Nation Highlights.
by John Nixon on October 29, 2009
Emilio Peña spoke with President Martinelli, President of Panama, about the National Corrosion Center at a special UTMB/ University of Panama accord signing on October 28, 2009. Pictured from left to right: Emilio Peña, President Martinelli, Harris County Attorney Vince Ryan and Houston City Councilmember Mike Sullivan.
