Cal Dive Receives Second Request From the U.S. Department of Justice Regarding the Acquisition of Certain Assets of Stolt Offsho
27 Maggio 2005 - 11:00PM
PR Newswire (US)
Cal Dive Receives Second Request From the U.S. Department of
Justice Regarding the Acquisition of Certain Assets of Stolt
Offshore HOUSTON, May 27 /PRNewswire-FirstCall/ -- Cal Dive
International, Inc. (NASDAQ:CDIS) today announced it received from
the U.S. Department of Justice a request for additional information
in connection with its pending acquisition of certain assets of
Stolt Offshore, S.A. (NASDAQ:SOSA). Cal Dive intends to respond
promptly to this request. The effect of the second request is to
extend the waiting period imposed by the Hart-Scott-Rodino
Antitrust Improvements Act until 30 days after Cal Dive and Stolt
have substantially complied with the request, unless that period is
extended voluntarily by the parties or is terminated sooner by the
Department of Justice. Cal Dive International, Inc., headquartered
in Houston, Texas, is an energy service company which provides
alternate solutions to the oil and gas industry worldwide for
marginal field development, alternative development plans, field
life extension and abandonment, with service lines including marine
diving services, robotics, well operations, facilities ownership
and oil and gas production. This press release contains
forward-looking statements that involve risks, uncertainties and
assumptions that could cause our results to differ materially from
those expressed or implied by such forward-looking statements. All
statements, other than statements of historical fact, are
statements that could be deemed "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of
1995, including, without limitation, any projections of revenue,
gross margin, expenses, earnings or losses from operations, or
other financial items; any statements of the plans, strategies and
objectives of management for future operations; any statement
concerning developments, performance or industry rankings relating
to services; any statements regarding future economic conditions or
performance; any statements of expectation or belief; and any
statements of assumptions underlying any of the foregoing. The
risks, uncertainties and assumptions referred to above include the
performance of contracts by suppliers, customers and partners;
employee management issues; complexities of global political and
economic developments, and other risks described from time to time
in our reports filed with the Securities and Exchange Commission,
including the Company's Annual Report on Form 10-K for the year
ending December 31, 2004. We assume no obligation and do not intend
to update these forward-looking statements. DATASOURCE: Cal Dive
International, Inc. CONTACT: Wade Pursell, Chief Financial Officer
of Cal Dive International, Inc., +1-281-618-0400, or fax,
+1-281-618-0505 Web site: http://www.caldive.com/
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