The decision follows acquisition talks with Georgia Gulf's management that had been aimed at creating one of the largest producers of building materials like olefins and vinyls.
read more
Britain's largest gas retailer, Centrica, faced a setback trying to take over Venture Production, as the North Sea gas producer's two largest investors backed management's rejection of the $2 billion bid.... Read Post
The acquisition would make Energy XXI the third-largest oil producer on the Gulf of Mexico shelf, with interests in seven of the 11 largest oil fields there. Read Post
A merger of the two companies would create one of the largest manufacturers of olefins, vinyls and other materials used in construction and other industries. Read Post