March 26 (Reuters) - Layne Christensen Co:
* LAYNE CHRISTENSEN CO - “BOARD STRONGLY BELIEVES THAT PROPOSED MERGER WITH GRANITE IS IN BEST INTEREST OF LAYNE’S STOCKHOLDERS”
* LAYNE CHRISTENSEN - UNANIMOUSLY CONCLUDED DEAL WITH GRANITE OFFERED “MORE FAVORABLE OPPORTUNITY FOR LAYNE’S STOCKHOLDERS THAN ALTERNATIVES CONSIDERED”
* LAYNE CHRISTENSEN CO - “WELCOMES CONSTRUCTIVE INPUT FROM ITS STOCKHOLDERS”
* LAYNE CHRISTENSEN CO - HOWEVER, BOARD “BELIEVES CETUS’ ANALYSIS RESULTS IN INACCURATE AND MISLEADING CONCLUSIONS” Source text for Eikon: Further company coverage: