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The total consideration for CWC included 947,807 Precision common shares, approximately $14 million in cash, plus the assumption of CWC's netdebt of approximately $38 million, excluding transaction costs. The total transaction value for CWC was approximately $127 million on November 7, 2023. Our drilling services are enhanced.
In the last four decades, computer chips have become part of almost everything we use, from appliances to automobiles, and the companies that manufacture these chips have seen their fortunes rise, and sometimes be put at risk, as technology shifts. From High Growth to Maturity!
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