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    Seacor Holdings and Seabulk clear first hurdle in merger deal

    News // April 29, 2005
    Seacor Holdings and Seabulk International have announced that they have been granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act.This means that one of the key conditions for the closing of the previously announced merger agreement between the two companies has been satisfied.The merger is expected to be consummated by the end of the second quarter of 2005, subject to approval by Seacor's stockholders of the issuing of shares of Seacor common stock in the merger and by Seabulk's stockholders of the merger, as well as the satisfaction of customary closing conditions, in accordance with the terms of the merger agreement.

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