Pinnacle Gas (PINN) to Form Special Committee to Review Possible Proposals, Including Asset Divestitures, Equity Offerings
More News related to PINN
- Stull, Stull & Brody Announces Investigation on Behalf of Shareholders of Pinnacle Gas Resources, Inc.
- Levi & Korsinsky, LLP Investigates Possible Breach of Fiduciary Duty by the Board of Pinnacle Gas Resources, Inc. - PINN
- Notable Mergers and Acquisitions of the Day 02/24: RRD/BNE, PINN, C, MIL/GE/DHR/TMO
- Pinnacle Gas Resources (PINN) to Be Acquired by Investor Group for $0.34/Share
- Pinnacle Gas Resources, Inc. Enters Into Agreement to be Acquired By Investor Group
More News related to Corporate News
- Intel (INTC) Shares Rise Most in 7 Months Amid Release of 5600 Series Processor
- Highlights From SQNM's Q4 Conference Call: Business Impacted By General Economic Downturn, But Pipeline Building
- ThermoGenesis (KOOL) Signs New AutoXpress Distribution Agreement with Fenwal
- China Ritar Power (CRTP) Announces Delay in Delivery of $15M Order from China Mobile (CHL)
- Care Investment Trust (CRE) halted with news pending
Pinnacle Gas Resources (Nasdaq: PINN) has announced the formation of a special committee of the board of directors to review proposals that have been received regarding asset divestitures, possible equity offerings, additional or new debt financing, and acquisitions of the Company’s outstanding shares. To date, the Company has not agreed to definitive terms for any transaction and there is no assurance that any transaction will be successfully completed.
In addition, on November 23, 2009, we and the lenders entered into a waiver and agreement to the credit facility waiving our obligation to comply with certain provisions of the credit agreement and modifying certain references in the Fifth Amendment to the Credit Agreement previously signed.
Related Categories
Corporate NewsMergers and Acquisitions
Stocks Mentioned
+0.00Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
