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Canada's Precision Drilling will buy Grey Wolf in a cash and stock deal worth more than $2 billion, the companies said Monday, apparently ending an extended fight for control the Houston gas driller. Not even two weeks ago Grey Wolf shareholders ...

PHILADELPHIA Canada's Precision Drilling Trust has reached an agreement to buy U.S. drilling company Grey Wolf Inc for about $2-billion (U.S.) in cash and stock, the Wall Street Journal reported Sunday. The deal comes after Grey Wolf shareholders ...