CONSOL Energy has terminated negotiations over acquisition of CNX Gas Corp shares.
Earlier it was announced that CONSOL Energy would agree to a stock-for-stock purchase of CNX, worth of $932 million.
The plans were temporally put off due to unreasonable price demands from some shareholders, the demands that can’t be estimated in the current turmoil on the market.
CONSOL owns about 82 percent of CNX's 151 million shares and is not to sell them as CNX Gas is one of the nation's largest natural gas suppliers.
Putin's official spokesman Dmitry Peskov commented on remarks in the US media about failures in launching nuclear-capable missiles in Russia
More than 5.8 million people voted for Nicholas Maduro at the presidential election in Venezuela. This is more than a quarter of registered voters. Why did those people vote for the man, who, as Western media write, took Venezuela to the brink of collapse?
It has long been understood that the West has been trying to subject Russian borders to total control. We have not seen such activity even during the Cold War