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saying they are investigating Dallas-based EXCO Resources following Chairman and CEO Douglas H. Miller’s proposed acquisition of all outstanding shares of stock in a bid to take the company private. EXCO issued a press release Nov. 1 stating
of Justice, Kooperstein supervised many high-profile matters, including the litigation challenging JBS's proposed acquisition of National Beef; the successful effort in the KeySpan financial derivative case to obtain judicial endorsement
Develop a clear understanding of the maintenance spend of the target company in the months leading up to the proposed acquisition . Under-spending on maintenance during hard times will represent an effective increase in the true transaction value of
Special Commission considered four intended transactions, of which three were cleared without conditions, with the proposed acquisition by an entity within the Basic Element group of shares in OAO NK RussNeft being postponed. The cleared transactions
services in the country. PetroFalcon denied approval for Anadarko Venezuela acquisition PetroFalcon Corp.’s proposed acquisition of 100% of the issued and outstanding shares of Anadarko Venezuela Co. will not come to pass. In April, PetroFalcon
diluted minority share capital at about C$7.7 billion. The group owns a 78% stake in Shell Canada Ltd. The proposed acquisition follows the unification of the group in 2005 and is another step in simplifying the group structure. GE Energy
deposit to the selling shareholder of Goldking, which will be credited against the purchase price at closing. The proposed acquisition is subject to customary closing conditions. Dune intends to utilize a combination of debt and equity to fund the
bidding contest for Unocal, with CNOOC emerging as the higher bidder. However, when Congress was alerted to the proposed acquisition , political pressure to block the deal began to mount, including the passage of a House of Representatives resolution
Janofsky & Walker (Europe) LLP are acting as legal advisors to Veritas. Riata Energy makes financing plans for proposed acquisition Riata Energy Inc. has entered into an exclusivity agreement and letter of intent to acquire NEG Oil & Gas LLC
TrueStar nixes plans for Williston basin, Argentina The board of TureStar Petroleum Corp. will not proceed with its proposed acquisition of the Williston Basin oil and gas leases located in the southwestern portion of the Williston basin in northwestern