Thanks next chapter: they are "re-negotiating the deal" Hey, either way we still sit here and do our jobs... We're part of the furniture <grin>.
-Ben > WHEW! > Great! > > ----- Original Message ----- > From: [EMAIL PROTECTED] > Date: Friday, May 3, 2002 7:35 am > Subject: Corporate daisy petals > > > They love us, they love us not, they love us... > > <hee hee> > > > > <cf_Corporate soap opera> > > > > NEW YORK, May 3 (Reuters) - Independent oil refiner and > > marketer Tesoro Petroleum Corp. (NYSE:TSO - news) said > > Friday it plans to complete its $1 billion purchase of > > Valero Energy Corp.'s (NYSE:VLO - news) Golden Eagle > > refinery in California, despite concerns that liquidity > > problems would halt the deal. > > > > "Tesoro is still planning on closing the Golden Eagle > > acquisition after we have all necessary approvals. We > > intend to close the acquisition on a basis that will > > insure adequate liquidity following the closing, even in > > a below-average margin environment," according to a > > statement released by Tesoro Friday morning. > > > > The reconfirmation of Tesoro's intention to buy the > > 168,000 barrel per day (bpd) plant near San Francisco > > comes after Tesoro Chief Executive Bruce Smith cast > > doubts during a conference call Wednesday, saying > > Tesoro "will not close the Golden Eagle asset if we're > > not confident we have adequate liquidity." > > > > </cf_Corporate soap opera> > > > > Stay tuned for the next exciting episode... > > Maybe they will actually set the wedding date this time!! > > > > -Ben > > > > > ______________________________________________________________________ Your ad could be here. Monies from ads go to support these lists and provide more resources for the community. http://www.fusionauthority.com/ads.cfm Archives: http://www.mail-archive.com/[email protected]/ Unsubscribe: http://www.houseoffusion.com/index.cfm?sidebar=lists
