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    Pride and Marine Drilling complete merger

    News // September 21, 2001
    Pride International and Marine Drilling Companies Inc have announced that their merger has been completed.

    Shareholders of both companies approved the merger at shareholder meetings held in mid-September.

    As a result of the merger, each share of either Pride or Marine now represents one share in Pride International Inc, a newly formed corporation.

    Shares of 'new' Pride are listed on the New York Stock Exchange under the symbol 'PDE'.

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