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Jul. 2, 2002

IRVING'S CARBO CERAMICS REACHES FOR PINNACLE

On May 31, Carbo Ceramics Inc. acquired Pinnacle Technologies Inc. for $24 million in cash and stock. Irving, Texas-based Carbo Ceramics creates proppants, which are tiny ceramic beads that are involved in the breaking up of rocks to release natural gas and oil.

        On May 31, Carbo Ceramics Inc. acquired Pinnacle Technologies Inc. for $24 million in cash and stock.
        Irving, Texas-based Carbo Ceramics creates proppants, which are tiny ceramic beads that are involved in the breaking up of rocks to release natural gas and oil.
        San Francisco's Pinnacle provides products and services, such...

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