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US Court Rejects Sunocos Appeal to Overturn Oklahoma Oil Royalty Ruling

2020-12-10 02:00:00| OGI

In August, Sunoco, a publicly-traded partnership controlled by Energy Transfer, was ordered by the court to pay about $155 million for failing to pay interest on late payments to oil-well owners across Oklahoma.

Tags: court oil appeal oklahoma

 

No relief for ZTE as FCC rejects appeal to remove national security threat designation

2020-11-25 01:00:00| Total Telecom industry news

The Federal Communications Commission (FCC) has today rejected ZTE’s petition to have its status as a national security threat reconsidered. Following a review by the Public Safety Bureau regulator, the regulator announced that there was “no basis for reconsideration” of the previous ruling.   The mainstay of the FCC’s argument remains the same &ndash…read more on TotalTele.com »

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Cogeco rejects sweetened takeover offer from Altice USA, Rogers

2020-10-19 08:58:00| Telecompaper Headlines

(Telecompaper) Altice USA and Rogers have increased their takeover bid for Cogeco, now valuing the company at CAD 11.1 billion, including shares owned by Rogers. The companies made a bid for the company in September that valued the company at CAD 10.3 billion. That offer was soundly rejected not one but twice, and this new one has been too. The Audet family, the controlling shareholders of Canadian operation Cogeco, said this was a "definitive refusal."

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Calfrac Rejects Wilks Brothers $20 Million Takeover Offer

2020-09-24 20:35:00| OGI

Instead, Canada's Calfrac Well Services on Sept. 24 said it was sweetening its recapitalization plan to reduce debt.

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ByteDance chooses Oracle as 'trusted tech partner,' rejects bid from Microsoft - report

2020-09-14 08:26:00| Telecompaper Headlines

(Telecompaper) Byte has rejected Microsoft's offer for its TikTok operations in the US and reportedly chosen Oracle as its "trusted tech partner." The report, put out by the Wall Street Journal, came a few hours after Microsoft announced its bid had been denied, but added that the deal is not likely to be structured as an outright sale. It is also not yet know if the agreement with Oracle includes the transfer of TikTok algorithms.

Tags: report partner tech microsoft

 

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