Kerkorian Takes Stake in Producer of Energy
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The Tracinda Corporation, the company owned by the financier Kirk Kerkorian, will pay $684 million to acquire a 35 percent stake in Delta Petroleum.
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Billionaire investor Kirk Kerkorian's Tracinda Corp will pay $684 million to acquire a 35 percent stake in Delta Petroleum Corp , the independent oil and gas company said on Monday.
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Tracinda Corp., controlled by billionaire investor Kirk Kerkorian, said on Wednesday it plans a cash tender offer to raise its stake in hotel and casino company MGM Mirage Inc.  to as much as 61.7 percent from the present 56.3 percent.
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SEATTLE, Oct. 26  Â Puget Energy, parent company of Puget Sound Energy, Washington Stateâs largest private utility, said Friday that it had agreed to be acquired and taken private by a consortium of investors for $30 a share in cash, a transaction that the company valued at $7.4 billion, including debt.
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PLYMOUTH MEETING, PA-Sunday evening, following a meeting of its board on Saturday, Dec. 18, Kramont Realty Trust has entered into an agreement to be acquired by Centro Watt America REIT III LLC for approximately
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Halliburton, the oil field services provider, said yesterday that it would complete its separation from KBR Inc. by offering current stockholders the remaining 81 percent stake in KBR, its former subsidiary.
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Billionaire Kirk Kerkorian's Tracinda Corp. investment firm reported on Wednesday holding a 7.4-percent stake in giant auto maker General Motors Corp. , down from 9.9 percent.
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Public Service Enterprise Group, owner of the state&#39;s biggest gas and electric utility, yesterday agreed to be acquired by Exelon in a $12.2 billion deal that would create the nation&#39;s biggest
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POWER group United Utilities is to sell its green energy assets in Australia to Novera Macquarie Renewable Energy. The deal, worth Â£63m, is for 40 green energy projects, with a total generating capacity of
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Investor Kirk Kerkorian on Thursday   said he could raise his stake in General Motors Corp GM.N to   about 12 percent and urged the automaker's board to take a   "strong" role in reviewing a potential alliance with   Renault-Nissan.
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Technology investors are on a crusade to influence energy policy because they have a big stake in the outcome.
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Exelon Corp. EXC.N, the nation's  largest nuclear power company, has agreed to buy New Jersey  utility Public Service Enterprise Group Inc. PEG.N for $13.2  billion in stock, creating the nation's largest utility, the  companies said on Monday.
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The developing biopharmaceutical company announces a share offering.
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General Electric Co.'s  energy unit will pay $603 million for a stake in Regency Energy Partners LP , an owner of natural gas pipelines and storage equipment.
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An industry giant is inspired to spend billions on its own shares.
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HONG KONG (CBS.MW) -- United Utilities (UK:UU) said it has agreed to sell its &#39;green energy&#39; operational assets for 63 million pounds in cash to Novera Macquarie Renewable Energy Limited, which is jointly-owned by Novera Energy and Macquarie Bank of
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Exelon, which owns utility companies in Illinois and Pennsylvania, has said that it will buy Public Service Enterprise Group of New Jersey in a deal valued at about $12.8 billion that would create the largest power company in the United States.