Dril-quip and innovex to combine creating unique energy industrial platform

Houston--(business wire)--dril-quip, inc. (nyse: drq), (“dril-quip”), a leading developer, manufacturer and provider of highly engineered equipment and services for the global offshore and onshore oil and gas industry, and innovex downhole solutions, inc. (“innovex”), a global leading provider of mission-critical technologies and services across the well lifecycle for the oil and gas industry, today announced a definitive agreement under which dril-quip and innovex will merge in an all-stock tr.
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