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Legacy Reserves, WPX Close Piceance Acreage Deal

2014-06-05 18:44:00| OGI

Legacy Reserves purchased a working interest that will increase over time.

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Sprint, T-Mobile close to merger agreement - report

2014-06-05 09:17:00| Telecompaper Headlines

(Telecompaper) Sprint is nearing an agreement on an acquisition of T-Mobile US valuing the Deutsche Telekom subsidiary at almost USD 40 a share, people with knowledge of the matter told Bloomberg. Sprint will offer 50 percent stock and 50 percent cash for T-Mobile, leaving Deutsche Telekom with around 15 percent of the combined company, the report said. At just under USD 40 a share, T-Mobile's equity value would be about USD 31 billion. In addition, the operator has about USD 14.5 billion in debt and USD 5.5 billion in cash. Deutsche Telekom, which owns about 67 percent of T-Mobile, was seeking at least USD 40 a share, two of the people said. SoftBank, the majority owner of Sprint is willing to pay in the upper USD 30s, and the two sides have bridged the gap, according to the report. A deal could be announced as soon as July, although many details, including the management of the new company, are still to be worked out.

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Chevron Mining to close Questa mine

2014-06-03 05:20:48| Energy - Topix.net

The San Ramon, Calif.-based company said Monday around 300 miners in Questa were given a 60-day notice of their layoffs as required by federal law.

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Chevron Mining to close Questa mine

2014-06-02 22:15:52| Oil & Gas - Topix.net

The San Ramon, Calif.-based company said Monday around 300 miners in Questa were given a 60-day notice of their layoffs as required by federal law.

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UK: AG Barr to close Wales site, transfer carton production to Milton Keynes

2014-05-30 18:35:00| Daily beverage news and comment - from just-drinks.com

AG Barr has announced plans to close its carton production site in Tredegar, Wales, with some job losses expected.

Tags: site close production transfer

 

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