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Just fuel for the conspiracy theorists mind....
http://www.dailyfinance.com/story/in...oots/19435689/ By TOM TAULLI Posted 10:30 AM 04/12/10 See full article from DailyFinance: http://srph.it/9MwFrU In 1978, Edward "Coots" Matthews and Asger "Boots" Hansen founded Boots & Coots (WEL). Both were veteran oil-well firefighters. In fact, they provided inspiration for a 1968 film called Hellfighters, starring John Wayne. But the days of independence have come to an end for Boots & Coots as the company has agreed to sell out to Halliburton (HAL) for $240.4 million. Shareholders will get $1.73 in cash and $1.27 in Halliburton stock for every share of Boots & Coots. The company certainly has a distinguished history. It has been critical in dealing with many well fires, including those from Iraq's 1990 invasion of Kuwait. But given its relatively small size, Boots & Coots has been at a disadvantage. As a result, the stock price has been mostly lackluster over the years. See full article from DailyFinance: http://srph.it/9MwFrU |
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