
June 26 (Reuters) - Dnow Inc DNOW.N:
DNOW AND MRC GLOBAL TO COMBINE IN ALL-STOCK TRANSACTION CREATING A PREMIER ENERGY AND INDUSTRIAL SOLUTIONS PROVIDER
DNOW INC - TO BUY MRC GLOBAL IN $1.5 BILLION ALL-STOCK DEAL
DNOW INC - DEAL EXPECTED TO BE ACCRETIVE TO ADJUSTED EPS IN FIRST YEAR
DNOW INC - MRC GLOBAL SHAREHOLDERS TO RECEIVE 0.9489 DNOW SHARES PER MRC SHARE
DNOW INC - COMBINED COMPANY ENTERPRISE VALUE ABOUT $3.0 BILLION
DNOW INC - DAVID CHERECHINSKY TO BE CEO, MARK JOHNSON TO BE CFO OF COMBINED COMPANY
DNOW INC - EXPECTED TO REALIZE $70 MILLION ANNUAL COST SYNERGIES WITHIN THREE YEARS OF CLOSING DEAL