Shaw shareholders OK $3.04 billion sale to CB&I
Shareholders of The Shaw Group, Baton Rouge's only Fortune 500 company, voted today to sell the company to CB&I, a Netherlands-based company with administrative headquarters in The Woodlands, Texas. The $3.04 billion deal, worth $46 per share in cash and stock, could close by mid-February, although the deal is contingent on Nuclear Regulatory Commission approval and receipt of Shaw's cash settlement for the sale of its Westinghouse stake. Read Daily Report PM for further details.
Alexander creating new position to oversee fundraising of LSU foundation, alumni association and TAF
Immigration a hot issue in La. Senate race
UCLA: Interest rates to rise in March
U.S. budget deficit narrows in August
Icahn, Soros, Druckenmiller, And Now Zell: The Billionaires Are All Quietly Preparing For The Plunge
EPA looking at new mandates on methane