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Major Drilling to buy Taurus Drilling ops for $39M

Jeffrey Richmond | July 21, 2014 | 11:55 pm Precious Metals Canada Gold Silver 

New Brunswick-based drilling contractor Major Drilling (TSE:MDI) said Monday it has agreed to buy Taurus Drilling Services's operations in a $39 million deal. In a statement, Major Drilling said that on closing it will pay $15.9 million in cash, $7.5 million...

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