Acquisition of Maverick Tube Corporation Completed
October 05 2006 - 5:46PM
Business Wire
Maverick Tube Corporation (NYSE:MVK) announced today that it has
completed its merger with a subsidiary of Tenaris S.A., the leading
global manufacturer and supplier of tubular products and services.
As announced earlier this week, the merger was approved by
Maverick�s stockholders on October 2, 2006. Maverick Tube
Corporation is a St. Louis, Missouri based manufacturer of tubular
products in the energy industry for exploration, production, and
transmission, as well as industrial tubing products (steel
electrical conduit, standard pipe, pipe piling, and mechanical
tubing) used in various applications. Forward-Looking Statements
This news release contains forward-looking information that is
based on assumptions that are subject to numerous business risks,
many of which are beyond the control of Maverick. Furthermore,
statements in this filing other than historical facts constitute
forward-looking statements within the meaning of the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
Readers are cautioned not to place undue reliance on these
forward-looking statements and any such forward-looking statements
are qualified in their entirety by reference to the following
cautionary statements. All forward-looking statements speak only as
of the date hereof and are based on current expectations and
involve a number of assumptions, risks and uncertainties that could
cause the actual results to differ materially from such
forward-looking statements. Factors that may affect the business or
financial results of Maverick include those described under �Risk
Factors� and elsewhere in Maverick�s Form 10-K for its year ended
December�31, 2005, as amended. Maverick assumes no obligation to
update any forecast or forward-looking statements included in this
document, except as required by law. Maverick Tube Corporation
(NYSE:MVK) announced today that it has completed its merger with a
subsidiary of Tenaris S.A., the leading global manufacturer and
supplier of tubular products and services. As announced earlier
this week, the merger was approved by Maverick's stockholders on
October 2, 2006. Maverick Tube Corporation is a St. Louis, Missouri
based manufacturer of tubular products in the energy industry for
exploration, production, and transmission, as well as industrial
tubing products (steel electrical conduit, standard pipe, pipe
piling, and mechanical tubing) used in various applications.
Forward-Looking Statements This news release contains
forward-looking information that is based on assumptions that are
subject to numerous business risks, many of which are beyond the
control of Maverick. Furthermore, statements in this filing other
than historical facts constitute forward-looking statements within
the meaning of the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Readers are cautioned not to place
undue reliance on these forward-looking statements and any such
forward-looking statements are qualified in their entirety by
reference to the following cautionary statements. All
forward-looking statements speak only as of the date hereof and are
based on current expectations and involve a number of assumptions,
risks and uncertainties that could cause the actual results to
differ materially from such forward-looking statements. Factors
that may affect the business or financial results of Maverick
include those described under "Risk Factors" and elsewhere in
Maverick's Form 10-K for its year ended December 31, 2005, as
amended. Maverick assumes no obligation to update any forecast or
forward-looking statements included in this document, except as
required by law.
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