Solv Ex (SOLVD) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Solv Ex (SOLVD)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: norwalk hawk who wrote (4997)	11/3/1997 10:52:00 PM
From: Jim Atkinson	Read Replies (1) of 6735

Mike a little off subjuct but interesting just the same. Alberta Report October 27, 1997th edition. "Koch Oil Co. of Calgary, subsidiary of U.S.-based Koch Industries Inc. is spinning off two-thirds of its Canadian assets in a deal geared to raise $500 million. David Park, Koch's CFO, stresses, "This is really a financing for Koch in Canada. We're here to stay. Our employees and customers need to know it's business as usual." Koch will retain a 34% equity interest and remain the operator. "Because the securities are in distribution, there are regulatory constraints on disclosing what we intend to do with the money. Besides, we're just not ready to tip our hand," Mr. Park says. But he says the money will stay in Canada. This may be old news. Jimmie

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next