Transocean (NYSE:RIG) Shares Climb, Valaris (NYSE:VAL) Merger Spread Widens to 2.4% Prior to Earnings
Transocean shares climbed on Friday, recovering the majority of their 5.5% drop from Tuesday. However, this had little impact on the merger numbers. During the week, the Valaris spread tightened by only 0.14 percentage point.
