Tuesday, November 9, 2010

atlas energy


atlas energy

The Briscoe Law Firm, PLLC, founded by a former enforcement lawyer and prosecutor in the United States Securities and Exchange Commission, and the law firm of Powers Taylor, LLP, examines the possible legal advice against the Atlas Energy, Inc. ("Atlas Energy" and "ATL") (ATL 42.42, 10.70, 33.72%) associated with the proposed acquisition of Atlas Energy Chevron Corporation.

The definitive acquisition agreement, which announced on November 9, 2010, the transaction value of approximately 4.3 billion U.S. dollars, including debt. The proposed acquisition, Atlas Energy's shareholders will receive a cash payment of $ 38.25, and a proportionate part of a distribution of approximately 41 million pieces of Atlas Pipeline Holdings, LP, each of Atlas Energy / ATL ordinary shares they own. Based on the closing price of Atlas Pipeline Holdings shares on the date of the merger announcement, the total value of the Atlas Energy shareholders of approximately $ 43.34.

At least one analyst has predicted that the true intrinsic value of Atlas Energy / ATL ordinary shares could be as high as $ 64 per share. Based on the lack of significant support for the shareholders and other factors, the proposed transaction is underestimated Atlas Energy / ATL shares and not fair to the shareholders of Atlas Energy. The investigation related to any breach of fiduciary duty and other violations of state law by the Board of Directors approved the transaction, Atlas Energy and Atlas Energy's Board of Directors or the shareholders have acted in the interests'.

carnival splendor fire


carnival splendor fire

A cruise ship stranded offshore after a fire in the engine cut off the power supply is slowly pulled into the Mexican port, but it will not arrive until at least Wednesday, the U.S. Coast Guard said today.

One of 3,299 passengers and 1,167 crew, the Carnival Splendor was hurt when a fire broke out early Monday 200 miles south of San Diego, California. The cruise operator, Carnival Cruise Lines, which is in Miami, said the ship's air conditioning, hot water and phone service is not working, but the additional power connector is permitted with toilet and cold running water should be restored by Monday night.

The Coast Guard and the American and Mexican Navy deployed aircraft and ships to assist the stricken vessel, which drifted about 55 miles off the coast of northern Mexico Baja.Two seagoing tugs, outsourced Ensenada port, is expected to back the ship, accompanied by a Coast Guard cutter about twenty tomorrow.

The passengers taken by bus to California, "said Joyce Oliva, a Carnival spokesman. As the passengers for reward, the Splendor will be towed back to Long Beach, California - a journey that will be the day, so passengers are dropped off the Mexican first.The U. S. Navy aircraft carrier USS Ronald Reagan was diverted to assist the vessel. Credit, including bread, utensils, cups, milk, canned food and other items also flew to Reagan, where the helicopters also hit them to the ship.

national inflation association


national inflation association

Sarah Palin has deployed an application for the appointment of a serious attack on the U. S. Federal Reserve warns of the danger and the high inflation.The former vice presidential consideration of the global debate on the Federal Reserve 600 billion U.S. dollars (373 billion pound) plan to buy the debt, and the proposed Chairman Ben Bernanke to be the "stop".

In a speech to a trade organization in Phoenix, Mrs. Palin said: "We should not play with the inflation we are not temporary, artificial growth bought at the expense of permanently higher inflation erode the value of what I want. The income and savings."

Ms. Palin is widely regarded as a potential candidate for the 2012 presidential race and his comments came less than two weeks after Karl Rove, former senior advisor to George W. Bush is on the "seriousness" was in the office.
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