Home › Forums › Refining Community › Refinery News › Oxbow Carbon & Minerals Holdings, Inc. Announces Proposal to Acquire Great Lakes Carbon Income Fund › RE: Oxbow Carbon & Minerals Holdings, Inc. Announces Proposal to Acquire Great Lakes Carbon Income Fund
The US (& Worlds) largest merchant calcining company just received a competiting bid from Oxbow that is 12% premium over the Rain Commodities Feb 2007 offer. The Oxbow bid will expire at the end of next week and does not require Rain to sell its current 20% interest in GLC.
Charles E. Randall
Pace Global Energy Services
808 Travis Street Suite 1107
Houston, TX 77002