As the clock ticks on McDermott and CB&I merger, another firm has decided to weigh in on the proposed plan, claiming that the industrial logic of the deal is solid.
The two companies have already received all necessary regulatory approvals for the merger which was proposed last December and the merger is on track to close in the second quarter of 2018.
McDermott’s and CB&I’s respective special meetings of stockholders set to vote on the proposed merger is scheduled to be held on May 2, 2018. McDermott previously urged its shareholders to vote “FOR” the proposal.
Brazil Energy Insight 
Leave a comment