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Diving services company Cal Dive International prices at $13

December 14, 2006
DVR

Cal Dive International, which provides diving and support services to energy producers in the Gulf of Mexico, priced 22.2 million shares Thursday morning at $13, shortly after filing with the SEC to lower its proposed range from $14-$16 to a price of $13. Banc of America and JP Morgan managed the deal. The stock is expected to trade on the New York Stock Exchange today under the ticker DVR.