by | Nov 9, 2010 | Towing
Chevron (CVX) will buy Atlas Energy (ATN) for $3.2 billion cash and $1.1 billion of assumed net debt. Acquiring Atlas will give Chevron a greater presence in the Pennsylvania’s Marcellus Shale natural-gas deposits.
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“This acquisition is the right opportunity for Chevron,” said George L. Kirkland, Chevron vice chairman. “We are acquiring a company that has one of the premier acreage…
Continue reading Chevron to Buy Atlas Energy in Deal Worth $4.3 Billion
Chevron to Buy Atlas Energy in Deal Worth $4.3 Billion originally appeared on DailyFinance on Tue, 09 Nov 2010 07:48:00.
Filed Under: Energy, Company News, Technology, Green, Chevron
by | Nov 8, 2010 | Towing
Sara Lee reportedly is close to cutting a deal to sell its North American bakery business to Grupo Bimbo for a sticker price of $900 million to $1 billion.
Continue reading Bake Sale: Sara Lee Close to Selling …
by | Nov 5, 2010 | Towing
Earlier Friday in London trading, shares of BP gained on rumors the largest oil company in the world, Exxon Mobil, is considering a bid for the oil company responsible for the largest oil spill in the U.S., Reuters reported.
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by | Nov 5, 2010 | Towing
Terra Firma sued Citi, claimed the bank misled into thinking other firms would outbid its own $4.7 billion offer for music company EMI in 2007. Sorry, said the jury in just a few hours.
Continue reading A Jury …
by | Nov 4, 2010 | Towing
Dell aims to increase services in China to 25% of total revenues in that country within three years, up from the current 10%. Although Dell is late to the lucrative services game compared to IBM and HP, analysts say it has a sh…
