BAYOU &lt;BYOU> IN DEFINITIE MERGER AGREEMENT

  Bayou Resources Inc said it reached an
  definite agreement to be acquired by Patrick Petroleum Co
  through a stock and cash transaction valued at six dlrs per
  Bayou share.
      Bayou also reported net loss of three cts or 23,024 dlrs
  for the fourth quarter compared with a net income of 10,128
  dlrs or one cts a year. Revenues fell to 532,807 dlrs from
  769,465 dlrs a year ago.
      For the year, Bayou reported a net loss of 14 cts or
  116,793 dlrs compared to a net income of 23 cts or 203,372
  dlrs. Revenues fell to 2.4 mln dlrs from 3.3 mln dlrs.
  

