text stringlengths 1 4.46k | employee_id stringclasses 45 values |
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We need to keep in mind the 30 day deadline to provide notice. | dev42 |
We don't want to give them any room to wiggle. | dev42 |
We can always send another notice later. | dev42 |
Kay Enron North America Corp. | dev42 |
Since I've had to miss the first 2 meetings due to travel, is it possible for me to drop off my check and pick up any materials? | dev42 |
Thanks, Kay | dev42 |
No. I'll have Neil check (he does all that stuff). | dev42 |
3850, through the wooden doors. | dev42 |
Enron North America Corp. | dev42 |
I hope I'm in town! | dev42 |
FPL, Entergy Merge in $7 Billion Deal NEW YORK (Reuters) - FPL Group Inc., the parent of Florida Power & Light Co., said on Monday it would merge with Entergy Corp. in a stock deal worth $7 billion to create the largest U.S. power generating company. | dev42 |
The combined company would have a total enterprise value of more than $27 billion, consisting of $16.4 billion in equity market capitalization and $10.7 billion in debt and preferred stock, the companies said. | dev42 |
The merger is expected to immediately boost earnings for both companies. | dev42 |
Under the terms of the agreement, FPL shareholders would receive one share of a new holding company for each FPL share held. | dev42 |
Entergy shareholders would get 0.585 of a share of the new holding company for each Entergy share. | dev42 |
Based on the companies' closing stock prices, the deal would value Entergy at its market value of $7 billion, or about $30.89 per share. | dev42 |
FPL shares closed Friday at 52-13/16, off a year high of 56-5/8 but up from a low of 36-3/8. | dev42 |
Entergy stock ended at 30-5/16, off a high of 31-3/16 but up from a low of SHAREHOLDERS' APPROVAL REQUIRED The combination must be cleared by shareholders as well as federal regulators. | dev42 |
FPL and Entergy said they hope to complete the transaction within 15 months. | dev42 |
``The merger combines two strategically aligned, financially healthy companies into an organization that has no equal in the industry,'' said J. Wayne Leonard, Entergy chief executive. | dev42 |
Leonard will serve as president and chief executive of the combined company while FPL's chief executive, James Broadhead, will serve as chairman. | dev42 |
The deal was billed as a merger of equals but gives FPL shareholders 57 percent of the combined company and eight of 15 seats on the board of directors, the companies said. | dev42 |
Once combined, the new company is expected to see annual cost savings of $110 million to $150 million in its regulated businesses derived from eliminating duplicate corporate and administrative positions and programs. | dev42 |
Competitive businesses should see annual cost savings and revenue enhancements of $40 million to $125 million and capital expenditure savings of $50 million to $100 million, the companies said. | dev42 |
FPL and Entergy said they will seek to ``minimize workforce effects of the merger'' through a variety of unidentified efforts. | dev42 |
In addition, both FPL and Entergy have authorized stock buyback plans, together worth $1 billion. | dev42 |
FPL plans to repurchase $570 million shares while Entergy is looking to buy back $430 million in stock, the companies said. | dev42 |
Kathy, I will be out of town on Thursday and Friday, and will therefore be unable to attend. | dev42 |
Thank you, Kay | dev42 |
Suzanne, Please schedule this week's conference call for 930am on Wednesday, and include the usual suspects: Sheila, Scott, Rose, Mike Barnas and Kent Shoemaker. | dev42 |
Thanks, Kay | dev42 |
Hi. | dev42 |
I'm kinda tired this morning. | dev42 |
I guess I just need a bit more sleep. | dev42 |
Michael tried to push the envelope this am. | dev42 |
He wanted to eat some more after he had brushed his teeth (I told him breakfast was over, so no more food) and wanted to go back in to get a toy to take (nope). | dev42 |
He handled the frustration Do we have anything planned this weekend? | dev42 |
Ta ta for now, | dev42 |
Attached is the form interconnection agreement provided by Virgina Power, for your information, review, etc. It is a new form which is currently under review by VEPCO. | dev42 |
Kay | dev42 |
I'm trying to locate a copy of the contract to purchase the 501D5A turbine to see if we need to be aware of any issues in the contract. | dev42 |
Do you have a copy? | dev42 |
If not, I can probably get a copy from EECC. | dev42 |
Thanks, Kay | dev42 |
Both of those sound pretty good. | dev42 |
Paige is so excited. | dev42 |
She got a $1000 pay check. | dev42 |
I have some folks who want to option some land in New York. | dev42 |
Do we have a company for New York yet? | dev42 |
If not, I seem to recall that we were going to start using one of the existing companies for land options instead of creating a new one every time. | dev42 |
Am I remembering that correctly? | dev42 |
Basically I'm looking for the company name to use in an option. | dev42 |
Any suggestions? | dev42 |
Thanks, Kay | dev42 |
IT IS RAINING!!! | dev42 |
I hope it is raining at the house. | dev42 |
It looks like it probably is raining all over town. | dev42 |
Hope you get some there. | dev42 |
Neil's address is nmann@erac.com. | dev42 |
Paige's address is recordp@southwestern.edu. | dev42 |
She can get her email from Houston (don't ask me how). | dev42 |
We had a great time this weekend, too. | dev42 |
I'm glad it worked out so well. | dev42 |
I thought it was very relaxing. | dev42 |
I would love to have the recipe for the beef. | dev42 |
I will probably go to North Carolina Wednesday, returning Thursday or Friday. | dev42 |
Take care! | dev42 |
Love, Kay | dev42 |
Sheila stopped by to let me know that it is ok for me to give you a hand on the lease term sheet. | dev42 |
I've stopped by a couple of times today, but I've missed you. | dev42 |
Please let me know if you still want my help, and if so, if you have any additional information, etc. Thanks, Kay | dev42 |
Yes and yes. | dev42 |
Enron North America Corp. | dev42 |
Here it is. | dev42 |
I guess she didn't make my reservations. | dev42 |
You might want to double check. | dev42 |
Obviously, I do not need a car. | dev42 |
I would like to get these reservations asap for the upgrade. | dev42 |
Thanks, Kay | dev42 |
Ed, To clarify, the Edgecombe we were discussing is in North Carolina. | dev42 |
The New York deal is a separate deal. | dev42 |
Thanks, Kay | dev42 |
I've made a list of issues Heather and I have discussed based on VEPCO's suggested revisions. | dev42 |
Some of the issues are commercial, some legal, somejust reminders. | dev42 |
Comments are appreciated. | dev42 |
1. | dev42 |
Term. | dev42 |
What will we accept? | dev42 |
2. | dev42 |
Availability: single computation despite source of power (market or facility). | dev42 |
Is forced outage the correct concept since we want to have somediscretion, and LD structure should apply even if power coming from the market? | dev42 |
Note VEPCO,s insertion of a new event of default under 7.1 forfailure to deliver energy when the Facility is not in a forced outage. | dev42 |
Liquidated damages language still ok? | dev42 |
LD,s should apply regardless ofscheduled source of power ) no cost of cover for market power. | dev42 |
3. | dev42 |
Our position is that Contract Capacity set at contract signing, then adjusted (if necessary) based on performance tests, not subject to adjustmeafter that time: ditto for the demand charge. | dev42 |
What is the right number forthe Capacity? | dev42 |
Is there a benefit to Enron to have a correction curve exhibit? | dev42 |
4. | dev42 |
Failure to complete facility suggested as a termination event. | dev42 |
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