AMR deal restrains rival CAI bids

Article Abstract:

AMR Corp's investments in Canadian Airlines International Ltd, made in 1994, can make it difficult for any competing offer for the airline to prosper. AMR, which acquired 827,000 preferred shares in Canadian Airlines for C$246 million in 1994, can opt to convert those stock into common shares and receive up to C$430 million from the carrier in exchange for the shares. That additional cost will make looking for a white knight against a C$1.8-billion hostile bid by Onex Corp difficult.

Scheduled Air Transportation, Scheduled Airlines, AMR Corp., Canadian Airlines International Ltd.

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Sherritt seeks to sell coal as source for electricity

Article Abstract:

Sherritt International Corp. is planning to promote coal as an alternative source for electricity. The company is planning to sell coal as an alternative to natural gas, which is experiencing falling reserves.

Use of energy, Coal and other minerals and ores, Coal & Minerals Whsle, Coal and Other Mineral and Ore Wholesalers, Energy use, Wholesale trade, Natural resources, Coal, Coal industry, Sherritt International Corp.

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Plans for coal-fired electricity could go up in smoke

Article Abstract:

The coal-fired power project initiated by Texas-based utility company TXU Corp. is receiving legal challenges from green groups. The possible disasters caused by the coal-fired plant are presented.

Fossil Fuel Electric Power Generation, Coal Thermal Electric Power, United States, Environmental aspects, TXU Corp., TXU, Coal-fired power plants, Coal fired power plants

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