“Not with a bang, but a whimper” the $7.5 billion lawsuit filed by TransAmerican Natural Gas against merging giants Coastal Corp. and El Paso Natural Gas, slid to a quiet grave under a sealed settlement agreement last week.
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TransAmerican Settles with El Paso, Coastal
“Not with a bang, but a whimper”…the $7.5 billion lawsuitfiled by TransAmerican Natural Gas against merging giants CoastalCorp. and El Paso Natural Gas, slid to a quiet grave under a sealedsettlement agreement.
El Paso, Coastal Stockholders Approve $16 Billion Merger
Stockholders of El Paso Energy and Coastal Corp. Friday approved the merger of the two giants of the natural gas industry, moving the transaction closer to reality.
El Paso, Coastal Stockholders Approve $16 Billion Merger
Stockholders of El Paso Energy and Coastal Corp. Friday approvedthe merger of the two giants of the natural gas industry, movingthe transaction closer to reality.
El Paso-Sonat Deal Wins FERC Approval
The proposed $15 billion merger of energy giants El Paso EnergyCorp. and Sonat Inc. got a regulatory go-ahead yesterday from FERC,clearing the way for the transaction to close by early October.