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, which involves:

Required approval by 66.67% of holders in terms of outstanding shares for both companies. The boards of DWSN and TGC own approximately 2.40% and 28....

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