Friday, February 09, 2007

2007: A record year for oil mergers?

February 9 - CNNMoney.com - Spring is less than six weeks away, but love is in the air again in the nation's oil and gas industry. Fueled by last year's record highs for crude oil, low interest rates and a sea of private equity money, 2006 brought 485 mergers in the energy patch, the most in 16 years - deals worth a cool $82 billion, the fourth highest over that span. Read More.

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