Dec 20 (Reuters) - Cortex Business Solutions Inc CBX.V :
* DRILLING INFO ENTERS INTO AGREEMENT TO ACQUIRE CORTEX FOR $4.55 PER SHARE IN ALL CASH DEAL
* CORTEX BUSINESS SOLUTIONS INC - DEAL FOR APPROXIMATELY $45.7 MILLION
* CORTEX BUSINESS SOLUTIONS - IF AGREEMENT IS TERMINATED , CORTEX IS ENTITLED TO A REVERSE BREAK FEE EQUAL TO 3.5% OF PURCHASE PRICE