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Stock impact report

Dril-Quip Challenges Accuracy of Glass Lewis Report and Urges Stockholders to Vote “FOR” Merger with Innovex

Dril-Quip, Inc. (DRQ) 
Last dril-quip, inc. earnings: 2/27 05:36 pm Check Earnings Report
Company Research Source: Business Wire
Glass Lewis declined to meet with Dril-Quip board and management and issued report that contains unsubstantiated and misguided conclusionsProposed transaction follows comprehensive assessment of standalone and strategic alternatives and represents value maximizing outcome for Dril-Quip stockholdersDril-Quip Board unanimously recommends stockholders vote “FOR” the transaction with Innovex at the special meeting on September 5th, 2024 HOUSTON--(BUSINESS WIRE)--Dril-Quip, Inc. (NYSE: DRQ) (“Dril-Quip” or the “Company”) today commented on the report issued by Glass, Lewis & Co. (“Glass Lewis”) on August 23, 2024 and updated on August 27, 2024 in connection with the Company’s proposed merger with Innovex Downhole Solutions, Inc. (“Innovex”). Dril-Quip and its Board of Directors strongly disagree with the review and recommendations issued by Glass Lewis.Dril-Quip and its Board of Directors believe the report should be revised to address the unsubstantiated and misguided conclusions and i Show less Read more
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