Ceo of Tulsa-Based Semgroup Sees Future As Public Company
The Journal Record › March 11, 2009
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Summary
SemGroup President and Chief Executive Terrence Ronan hopes to see the embattled Tulsa energy firm emerge from bankruptcy as a new public company - perhaps as soon as the third quarter.
"It is anticipated the new company will have the flexibility to fund and conduct operations on a normalized basis without many of the constraints imposed on us by the bankruptcy," Ronan said in a letter to employees Monday.See the full content of this document
Extract
Ceo of Tulsa-Based Semgroup Sees Future As Public Company
The letter provided few details of this turnaround, or what would be left under the SemGroup LP banner if this succeeded.
But Monday's letter affirming management's intent to save the company, and not liquid...See the full content of this document
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