B&W spinoff will be completed within 3 months, spokesman says

06/30/2010 | News & Advance (Lynchburg, Va.), The

Babcock & Wilcox expects to complete its spinoff from McDermott International in the third quarter, spokesman Jud Simmons wrote in an e-mail. The spinoff will rely on securing permission from federal agencies including the Nuclear Regulatory Commission, "and we believe that process is going well," Simmons added.

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