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New Furmanite chairman named after proxy fight

Jeffery G. Davis, retired CEO of the Brock Group, was unanimously named executive chairman after he recently joined the board as a part of the proxy battle settlement. The former chairman resigned...

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Sugar Land company buys Furmanite in $335 million deal

Some job cuts will eventually be involved as Team expects up to $25 million in annual cost savings through the deal within two years.

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