TGS to Acquire Parallel Data Systems

TGS-Nopec Geophysical Co. L.P., a subsidiary of TGS-Nopec Geophysical Co. ASA (TGS), and Parallel Data Systems, Inc. (PDS) have entered into a definitive agreement on March 31, 2007, whereby TGS will acquire all shares of PDS. The transaction has been approved by the Board of Directors of both companies and is subject to U.S. regulatory [...]

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