
Dawson Geophysical: Improved Utilization, Lower Costs are Drivers for Merger with TGC Industries
Dawson Geophysical (ticker: DWSN), a leading provider of U.S. onshore seismic data acquisition services, announced a proposed merger with TGC Industries (ticker: TGE) on October 9, 2014. TGC is also involved in the seismic field and has operations in Canada and the U.S. Midcontinent. Nuts and Bolts of the Deal The boards of both companies have approved the proposed merger,