SLIDESHOW

ACG New York Women of Leadership - Entrepreneur Series
Barbara Bradley Baekgaard, founder of Vera Bradley (Nasdaq: VRA), is the latest in a series of entrepreneurs highlighted at ACG New York Women of Leadership events. Photo credit: Robert Blumenfeld

Watercooler

GTCR, Hormel, the Riverside Co-CEOs and Others Win M&A Mid-Market Awards
Amid a slow and challenging year for dealmaking, the winners of Mergers & Acquisitions’ 7th Annual M&A Mid-Market Awards outpaced the competition to grow, innovate and lead the middle market

Dealmakers

The Buyside:
Disney, Warner Bros. Seek Next-Gen YouTubes

Traditional Hollywood studios such as Disney and Warner Bros. are seeking next-generation YouTube content providers

The Buyside

Activist Investors Dig Into Mid Market
Spurred on by the high-profile success of Carl Icahn and others, a growing crop of firms is looking further downstream

Today’s Transactions:
Atlas Acquires More Assets in Fort Worth Basin

The oil and gas explorer taps the Texas/Oaklahoma petroleum reserve once again with DTE deal

Atlas Resource Partners LP (NYSE: ARP) agreed to acquire a subsidiary of DTE Energy Co. (NYSE: DTE) for approximately $255 million.

DTE had been exploring a sale of DTE Gas Resources LLC, which produces roughly 35 million barrels of oil equivalent in the Fort Worth basin in Texas.

The transaction, expected to close in December 2012, is ARP's third deal in 2012 within the Fort Worth basin, a massive petroleum-producing area that spans north central Texas and southwestern Oklahoma.

In September, ARP purchased a 50 percent interest in Fort Worth assets from Equal Energy Ltd. for $40 million. It also agreed to acquire the assets of Titan Operating LLC, a Fort Worth oil and gas explorer, for $184 million, in May.

Jeff Schlegel of Jones Day advised Atlas on the acquisition of DTE.

 

For more information on related topics, visit the following: