Energy Company Bulks Up

Hahn, Avital Louria
September 2006
Investment Dealers' Digest;9/11/2006, Vol. 72 Issue 34, p4
Trade Publication
The article reports on the population boom in Southwestern U.S. which created a new opportunity for consolidators in the oil refining industry. El Paso Corp., Texas-based Western Refining recently unveiled its plans to spend $1.2 billion to acquire Giant Industries. The addition of the industry peer will make Western the fourth-largest independent refiner in the U.S. as measured by crude oil capacity.


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