VLO: Valero Energy Corp. Message Board

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Gold/Mining/Energy : VLO: Valero Energy Corp.

VLO 181.78

+3.4%

Nov 14 9:30 AM EST

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To: Paul Senior who wrote (12)	4/25/2005 1:09:19 AM
From: Wyätt Gwyön	Read Replies (1) of 299

big news: VLO buys PCO for effectively $7.9 billion (6.9 billion stock/cash, plus 1.8 billion debt assumption, minus 800 million cash on books). VLO now NA's biggest refiner. on the latest CC of just last week, the VLO CEO was specifically asked if they were considering any acquisitions, and he played a good poker face. i will be looking to add to my already large VLO position on any weakness here. online.wsj.com

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