COMPANY NEWS: Energy Partners makes proposal to buy Stone Energy

06/12/2006
Energy Partners Ltd., a New Orleans independent producer, has proposed to buy Stone Energy Corp., Lafayette, La., for $1.43 billion in a cash-stock offer plus the assumption of $563 million of debt for a total transaction value of $2 billion.In other recent company news: Austrian lawmakers have nixed a proposed merger between OMV AG and power company Verbund. The Vienna companies had announced plans for a cash-and-stock transaction valued at $16.6 billion. Kinder Morgan Inc. (KMI) senior managers and investors have proposed buying the company and taking it private in a transaction that values the firm at $13.4 billion. Chesapeake Energy Corp., Oklahoma City, has agreed to acquire Barnett ...
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