Shareholder

El Paso Agrees to Pay $16.8M to Settle Shareholder Lawsuit

El Paso Corp. on Friday agreed to pay $16.8 million to settle a shareholder lawsuit filed in August 2001 that claimed some of the El Paso’s officers and directors breached their fiduciary duties in managing the company’s California operations.

May 22, 2006

Chevron: Unocal Merger to Increase 2006 Earnings 1-2 Cents/Share

The final shareholder vote won’t be revealed for a few more days, but Chevron Corp. CEO Dave O’Reilly on Wednesday announced that the long-sought merger between his company and Unocal Corp. is completed, and will translate into a 1-2 cent earnings per share increase in 2006.

August 11, 2005

Proxy Firm ISS Recommends Unocal Accept Chevron Bid

Influential proxy firm Institutional Shareholder Services (ISS) on Monday recommended Unocal Corp. shareholders vote for a merger with Chevron Corp., citing the “highly uncertain” nature of the offer by China Offshore Oil Co. Ltd. (CNOOC). Unocal shareholders will vote on Chevron’s $17 billion cash-and-stock offer Aug. 10.

August 2, 2005

Royal Dutch, Shell Merger ‘Tool’ to Pursue Acquisitions Says Exec

With shareholder approval, Royal Dutch Petroleum and Shell Trading & Transport officially merged on Tuesday, ending a dual corporate structure that had lasted more than 100 years.

June 29, 2005

Shareholders Like Cimarex-Magnum Hunter Combo

Cimarex Energy Co.’s $1.6 billion purchase of Irving, TX-based Magnum Hunter Resources was completed last week after shareholder approval. The deal grew out of a decision last fall by Magnum Hunter CEO Gary Evans to retire and examine strategic alternatives for the company.

June 13, 2005

Dynegy Settles Two ‘Project Alpha’ Lawsuits

Dynegy Inc. on Friday reached a comprehensive settlement agreement related to two shareholder lawsuits over “Project Alpha,” a dubious structured natural gas transaction that ultimately helped force the resignation of founder and CEO Chuck Watson and was a factor in the company’s massive restructuring.

April 18, 2005

Dynegy Settles Two Shareholder Lawsuits Over ‘Project Alpha’

Dynegy Inc. on Friday reached a comprehensive settlement agreement related to two shareholder lawsuits over “Project Alpha,” a dubious structured natural gas transaction that ultimately helped force the resignation of founder and CEO Chuck Watson and was a factor in the company’s massive restructuring.

April 18, 2005

Kerr-McGee Sues Icahn, Claims Breach of Antitrust Laws, Company Bylaws

Kerr-McGee Corp. filed a lawsuit against financier and shareholder Carl Icahn and his associates on Thursday, hours after Icahn sent a letter to CEO Luke Corbett urging the company to end its exploratory deepwater drilling program because it was costing the shareholders money.

March 14, 2005

Pioneer, Evergreen Complete $2.1B Merger

Shareholder approvals in hand, Dallas-based Pioneer Natural Resources Co. and Evergreen Resources Inc. last week completed their $2.1 billion merger. Evergreen, which will keep its Denver offices as a base of operations for Rocky Mountain operations, is now a Pioneer subsidiary.

October 4, 2004

Pioneer, Evergreen Complete $2.1B Merger

Shareholder approvals in hand, Dallas-based Pioneer Natural Resources Co. and Evergreen Resources Inc. on Tuesday completed their $2.1 billion merger. Evergreen, which will keep its Denver offices as a base of operations for Rocky Mountain operations, is now a Pioneer subsidiary.

September 29, 2004