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Archer Inks $244M Deal To Sell Unit To Clearlake

By Kathryn Brenzel (May 22, 2013, 11:50 AM EDT) -- Oslo, Norway-based oil services company Archer LT announced Wednesday that it is selling one of its North American divisions to an affiliate of Los Angeles private equity firm Clearlake Capital Group LP for $244 million, an all-cash deal set to help payoff some of the company's debt....

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