Atlas Energy/Chevron
On November 9, 2010 Atlas Energy, Inc. (NASDAQ: ATLS) announced a definitive agreement to be acquired by Chevron Corporation (NYSE: CVX) for $3.2 billion, net of $1.1 billion in debt that will also be assumed.
Under the terms of the agreement, Atlas Energy shareholders will receive consideration valued at $43.34 per share in total, a 37% premium to Atlas Energy’s closing share price on November 8.
Each Atlas Energy shareholder will receive $38.25 in cash plus a pro-rata share of a distribution of over 41 million units of Atlas Pipeline Holdings, L.P. (NYSE: AHD), which had a value of $5.09 per Atlas Energy share on November 8.
Jefferies & Company, Inc. is acting as lead financial advisor, and Deutsche Bank Securities, Inc. is serving as co-financial advisor, to Atlas Energy. Wachtell, Lipton, Rosen & Katz is legal advisor to Atlas Energy.
Goldman, Sachs & Co. is serving as financial advisor to Chevron, and Skadden Arps Slate Meagher Flom LLP is acting as legal advisor to Chevron.
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Atlas Pipeline Partners, L.P. Prices $150 Million Offering of Additional Senior Notes Due 2018
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Atlas Pipeline Partners, L.P. Announces Offering of Additional Senior Notes Due 2018
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Atlas Pipeline Partners, L.P. Announces Significant Expansion at WestTX Facility
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Atlas Energy, L.P. Reports Operating and Financial Results for the Third Quarter 2011
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Atlas Pipeline Partners, L.P. Reports Third Quarter 2011 Results
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Chevron Reports Third Quarter Net Income of $7.8 Billion, Up From $3.8 Billion in Third Quarter 2010
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Atlas Pipeline Partners, L.P. to Release Financial Results for Third Quarter 2011 and Host Conference Call
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Atlas Pipeline Partners, L.P. Announces Quarterly Distribution Increase of 15%
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Barclays Maintains an 'Overweight' on Chevron (CVX); 1Q11 Interim Update
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Atlas Energy (ATLS) volume and volatility increases as Chevron rally's
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Top 10 News Items 11/8-11/12: Cisco Reports Very Concerning Q4 Numbers, China Set to Fight Inflation, Gold, Silver Pull Back from All-Time Highs
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Wells Fargo Downgrades Atlas Energy (ATLS) to Market Perform on Chevron Acquisition; Marcellus Consolidation Continues
