Mullen Plans Offer for Oilfield Services Company
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Mullen, based in Alberta, Canada, is ranked No. 63 on the Transport Topics 100 list of the largest U.S. and Canadian trucking companies.
anadian firm Mullen Group Income Fund, which has trucking operations, said late Thursday that it plans to make an offer to acquire Pe Ben Oilfield Services Ltd.
Mullen said in a statement that its offer, of C$12 a share (about $10) will be mailed to Pe Ben shareholders next week.
It estimates that Pe Ben has approximately 3.25 million shares outstanding.
