AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
BUSINESS NEWS.(TO THE POINT)
ENERGY
Devon to buy gas firm Anderson
Devon Energy will buy Canadian natural gas firm Anderson Exploration for $3.4 billion cash, or $25.80 a share. The deal creates the largest U.S. oil and gas producer. Devon will assume $1.2 billion in debt. Devon will have a long-term stake in the natural gas fields of the Canadian Arctic. It's paying a 51% premium for Anderson shares, which soared 8.34, or 49%, to 25.41. Devon fell 2.41, or 5%, to 43.86.
Santa Fe Int'l to pay $3 bil stock
for offshore driller Global Marine
The deal will create one of the world's largest offshore drilling contractors. The new firm, GlobalSantaFe, will be based in Houston and operate more than 100 rigs. Santa Fe will pay 0.665 of a share for each Global Marine share. Santa Fe dropped 9% on the news, and Global Marine gained 4%.
Valero Energy raised its third-quarter and 2001 views. The oil refiner cited a recent rise in gas prices. It ...
- Global Marine, Santa Fe to Join Forces.(Brief Article)(Statistical Data...
- Newspaper article from: The Oil Daily Coghlan, Keely September 5, 2001 700+ words
Marine contractors Global Marine and Dallas-based Santa Fe International agreed...said. Technically, Santa Fe purchased Global Marine. Paine Webber oil...by year-end 2002. Global Marine and Santa Fe's fleets have little...
- Global Marine, Santa Fe International to merge.
- News wire article from: United Press International September 4, 2001 700+ words
...04, 2001 Global Marine Inc. and Dallas-based Santa Fe International...Based on Santa Fe's closing...the deal, Global Marine stockholders...taxable to Global Marine shareholders...taxable to Santa Fe shareholders...
- GLOBAL MARINE AND SANTA FE INTERNATIONAL OBTAIN UK MERGER CLEARANCE.
- Press release article from: PR Newswire October 18, 2001 700+ words
...transmitted on behalf of Global Marine Inc and Santa Fe International Corporation...proposed merger involving Global Marine and Santa Fe International to the...their proposed merger, Global Marine Inc. and Santa Fe International Corporation...
- GLOBAL MARINE AND SANTA FE INTERNATIONAL ANNOUNCE 6 BILLION U.S.
- Press release article from: PR Newswire September 4, 2001 700+ words
GLOBAL MARINE AND SANTA FE INTERNATIONAL ANNOUNCE 6 BILLION...is transmitted on behalf of Santa Fe International Corporation and Global Marine Inc Houston and Dallas - Global Marine Inc. (NYSE: GLM) and Santa Fe International Corporation...
- Global Marine and Santa Fe International Obtain UK Merger Clearance.
- Press release article from: PR Newswire October 18, 2001 700+ words
...proposed merger involving Global Marine and Santa Fe International to the...their proposed merger, Global Marine Inc. and Santa Fe International Corporation...containing information about Global Marine Inc. and Santa Fe International ...
- Global Marine and Santa Fe International Announce $6 Billion Merger of Equals;...
- Press release article from: PR Newswire September 3, 2001 700+ words
...PRNewswire/ -- Global Marine Inc. (NYSE: GLM) and Santa Fe International...taxable to Global Marine shareholders...taxable to Santa Fe shareholders...Officer of Global Marine, will serve...Sted Garber, Santa Fe President...
- Santa Fe, Global Marine Merge.(Santa Fe International)(Brief Article)
- Newspaper article from: The Oil Daily November 21, 2001 700+ words
Santa Fe, Global Marine Merge The merger of Global Marine and Santa Fe International was completed on Tuesday. The...Exchange on Wednesday under the symbol "GSF." Global Marine and Santa Fe shareholders approved the merger during separate...
- Global Marine Inc. and Santa Fe International Corporation Complete Merger Of...
- Press release article from: PR Newswire November 20, 2001 700+ words
...announced that Global Marine Inc. and Santa Fe International Corporation...symbol "GSF". Global Marine and Santa Fe International shareholders...directors from Global Marine's previous board...directors from Santa Fe International...