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Plains faces resistance on Pogo.

Publication: The Oil Daily
Publication Date: 07-SEP-07 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Plains faces resistance on Pogo.(Mergers & Acquisitions)(Plains Exploration and Production Co. mergers with Pogo Producing )(Brief article)

Article Excerpt
Plains Exploration & Production's plans to purchase Pogo Producing have met with resistance from a key shareholder. Fir Tree, which owns about 9.1% of Plains' shares, has said it plans to vote against the proposal.

If the deal is terminated, Plains share price could appreciate by 70% or more...

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