Bristow and Era to merge in all-stock transaction

Bristow Group Inc. and Era Group Inc. have entered into a definitive agreement to combine in an all-stock transaction. The combined company will be named Bristow and will have a fleet of more than 300 aircraft, strengthening its global leadership in offshore aviation transportation and search and rescue.

“Bristow Group Inc. (“Bristow”) and Era Group Inc. (NYSE: ERA) (“Era”) announced today that they entered into a definitive agreement to combine the two companies in an all-stock transaction”dallas.citybuzz.co

• 2 sources
• dallas.citybuzz.cocitybuzz : Dallas : Bristow and Era to MergeJan 24, 2020
• bristowgroup.comBristow and Era to Merge, Forming a Larger, More Diverse and Financially Stronger Global Industry Leader :: Bristow Group Inc. (VTOL)Jan 24, 2020

Summarized from public sources; check the original articles before acting on it.