June 26 (Reuters) - Dnow Inc ( DNOW ):

* DNOW AND MRC GLOBAL TO COMBINE IN ALL-STOCK TRANSACTION

CREATING

A PREMIER ENERGY AND INDUSTRIAL SOLUTIONS PROVIDER

* DNOW INC ( DNOW ) - TO BUY MRC GLOBAL IN $1.5 BILLION ALL-STOCK

DEAL

* DNOW INC ( DNOW ) - DEAL EXPECTED TO BE ACCRETIVE TO ADJUSTED EPS

IN

FIRST YEAR

* DNOW INC ( DNOW ) - MRC GLOBAL SHAREHOLDERS TO RECEIVE 0.9489 DNOW

SHARES

PER MRC SHARE

* DNOW INC ( DNOW ) - COMBINED COMPANY ENTERPRISE VALUE ABOUT $3.0

BILLION

* DNOW INC ( DNOW ) - DAVID CHERECHINSKY TO BE CEO, MARK JOHNSON TO

BE CFO

OF COMBINED COMPANY

* DNOW INC ( DNOW ) - EXPECTED TO REALIZE $70 MILLION ANNUAL COST

SYNERGIES

WITHIN THREE YEARS OF CLOSING DEAL

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