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Securities rating agency Standard & Poor's Rating Services gave Columbia's Water and Light Department's revenue bonds a slight bump in their risk rating, potentially saving the city utility money when it finances the purchase of the Columbia Energy Center. It's definitely a good thing, and it definitely helps the interest rate that we pay," Columbia Finance Director John Blattel said.
NEW YORK, May 10 /PRNewswire/ -- Carl C. Icahn announced today that the offer by his affiliated entities to purchase up to all of the outstanding common shares of Lions Gate Entertainment Corp. for $7.00 per share in cash has been extended and will now expire at 8:00 p.m., New York City time, on May 21, 2010, unless extended or withdrawn. All other terms and conditions of the tender offer remain unchanged. Mr. Icahn also announced that the British Columbia Court of Appeal on Friday dismissed Lions Gate's appeal of the "cease trade order" issued by the British Columbia Securities Commission (BCSC) with respect to the Poison Pill adopted by Lions Gate's board of directors. Mr. Icahn reacted to the decision by commenting: "We applaud the Court's decision affirming the removal of the Poison...
The Securities and Exchange Commission has been investigating Mamtek U.S. Inc. "for several months," and the agency intends to subpoena records of payments from the $39 million in industrial development bonds used to finance the building of a sucralose plant in Moberly, bond trustee UMB Bank disclosed this week. Document
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