Gotta love it! Ticker symbol is FLI
Up +40% today:
First Reserve Corporation to Acquire CHC Helicopter Corporation For Canadian $3.7 Billion in Largest-Ever Oilfield Services Buyout
Partnership to Help Strengthen CHC's Growth Mission as Largest Helicopter Services Company
GREENWICH, Conn., HOUSTON, LONDON and VANCOUVER, British Columbia, Feb. 22 /PRNewswire-FirstCall/-- CHC Helicopter Corporation ('CHC') (NYSE: FLI; TSX: FLY.A and FLY.B), the world's largest provider of helicopter services to the global offshore oil and gas industry, and First Reserve Corporation, the leading private equity firm that specializes in the energy industry, today announced that a fund managed by First Reserve has entered into an agreement to acquire CHC.
