CLEAR February 2010

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1 participants
3 discussions

Environmental Film Festival on Tuesday
by Duane330＠aol.com 13 Feb '10

13 Feb '10

Date: Tuesday, February 16, 2010 Time: 7:30pm - 10:00pm Location: Warner Theater, 147 High St., Morgantown, WV The largest environmental film festival in the USA is hosted by The West Virginia Rivers Coalition and sponsored in-part by Adventure's Edge. Not only are these great films, but the proceeds support an important WV resource...Rivers! For more info call 304.637.7201 or _www.wildandscenicfilmfestival.org_ (http://www.wildandscenicfilmfestival.org) . Tickets are available at Adventure's Edge, 131 Pleasant St, Morgantown or online at _www.wvrivers.org_ (http://www.wvrivers.org) Maddy Madeleine S. Hoden Mountaineer Adventure Programs Graduate Assistant _mshoden(a)mail.wvu.edu_ (mailto:mshoden@mail.wvu.edu) (814) 779-9265 Tickets are $8 in advance or $10 at door. <>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>><<<<<<<<<<<<<<<<<<<<<<<<>>>>>>>>>>>>>>>

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AE value = $4.7 (stock) + $3.8 (debt)..???
by Duane330＠aol.com 11 Feb '10

11 Feb '10

FirstEnergy, owner of Jersey Central Power & Light, agrees to buy Allegheny Energy for $4.7B By _The Associated Press_ (http://connect.nj.com/user/njoapnews/index.html) , February 11, 2010, 8:13AM Utility company FirstEnergy said today it is buying rival Allegheny Energy for about $4.7 billion in stock in a deal that will create one of the nation's largest power companies with customers from Ohio to New York. The combined company will have about $16 billion in annual revenue and $1.4 billion in profit and serve more than 6 million customers in Pennsylvania, Ohio, Maryland, New Jersey, New York, Virginia and West Virginia. "The combination of our companies is a natural fit that will accelerate our efforts to strengthen the operating performance of our generating fleet while building on our long-standing dedication to customers, shareholders and employees," Anthony J. Alexander, CEO of FirstEnergy, said in a statement. Alexander will remain the top executive of the combined company, which will be based at FirstEnergy's headquarters in Akron, Ohio. The deal is expected to close within 14 months. Shareholders of Allegheny, based in Greensburg, Pa., will receive 0.667 shares of FirstEnergy common stock in exchange for each share they own. Based on Tuesday's closing price, those shares will be valued at $27.65 and represent a 32 percent premium over Allegheny's closing price of $21.02 on Wednesday. Allegheny shares rose 19 percent to $25 in premarket trading. The deal will also include FirstEnergy's assumption of $3.8 billion in debt.

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Take care driving now
by Duane330＠aol.com 10 Feb '10

10 Feb '10

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CLEAR February 2010