Take Interstate 15 to Rancho California Road at Temecula go 10 miles
June 18, 2010 by admin
Filed under Entertainment
Take Interstate 15 to Rancho California Road at Temecula, go 10 miles northeast to main gate, following signs to site. (Riverside County Thomas Guide page 930, 4-D) VISUALS:Hundreds of high school students, many in team colors, working on, launching and racing solar-powered boats. Sunday, boats sprint at top speeds down 200-yard course.WHEN: 8 a.m to 4 p.m. Friday, Saturday and Sunday (May 15-17)WHERE:Lake Skinner, Temecula Valley. Saturday, all boats on water concurrently for 90-minute endurance races around 1.4-kilometer course. (Reporting by Denny Thomas;) ((; +61 29373 1812; Reuters Messaging:)) ((If you have a query orcomment on this story, send an email )). Three-Day Event is Nation`s Largest Solar-Powered Boat Competition–(Business Wire)–Metropolitan Water District of Southern California: WHAT: Seventh annual Solar Cup event kicks off with 600 students on teams from 33 Southland high schools racing the solar-powered boats they have built and equipped over the past seven months in a program sponsored by the Metropolitan Water District of Southern California and local water agencies.Friday, all boats go through qualifying inspections on land and water.
SYDNEY, May 15 – For a full statement, please click on:here urn:newsml:reuters :20090515:ASX_2A550821. SYDNEY, May 15 (Reuters) – Nufarm Ltd (NUF.AX), anAustralian farm chemicals group, plans to make an announcementregarding capital raising, it said in a statement on Friday It halted trading in its shares Nufarm did not give details of the raising. DealsRio Tinto, desperate to pay off half its $38 billion in debt, lined up the deal in February. It involves selling direct stakes in assets, including in Rio Tinto’s Kennecott Utah copper operation in the United States.(Reporting by Mark Bendeich; Editing by Jonathan Standing) Deals. Do we wantthis to cross the line? Absolutely.” (Reporting by Euan Rocha; editing by Carol Bishopric) Stocks Mergers & Acquisitions Bonds. SYDNEY (Reuters) – Global miner Rio Tinto’s (RIO.AX) (RIO.L) $19.5 billion equity tie-up with Chinese aluminum-maker Chinalco has been cleared by the U.S Committee on Foreign Investment, Rio Tinto said on Friday.
“Our view is that if what you (CF) offered Terra is fair andthey should talk, then you (CF) should be talking to us.” Wilson denied that Agrium’s bid is merely a gambit toderail a possible CF-Terra deal “To warp it up, we are determined Are we in here to muddleup something? No Are we really serious? Absolutely. “CF has gone public and said Terra should engage with them,that they have a fair offer on the table for Terra and theydon’t understand, why Terra won’t talk to them,” said Wilson. Wilson argued that Agrium is offering CF shareholders amuch more significant premium, than the one that CF is offeringTerra’s shareholders. Agrium is offering CF shareholders $40 in cash plus oneAgrium share for each CF share. Based on Thursday’s closingprices for shares of both companies — Agrium is offering CFshareholders $86.92 a share, which is well above the $77.68level at which CF’s shares closed on Thursday. Just take thepoison pill off and talk to us,” said Wilson, in reference tothe spread between Agrium’s offer price and the price at whichCF’s shares are trading. “If you look at the arbitrage spread it’s fairly high rightnow There’s a great way to narrow that spread.
However, Agrium is not in a position to force a deal, asCF’s board have a poison pill, which they can utilize toscuttle any unfriendly deal. Wilson disagreed with a recent newspaper report, which suggested that Agrium were unlikely to succeed in their bid forCF “We have a very good value on the table We are determined,we are committed. We don’t hire bankers and get $1.4 billion infinancing lined up just to entertain ourselves,” said Wilson. Wilson hit out at critics, who argue that if Agrium wereserious about their offer they would have proposed a slate atCF’s shareholder meeting earlier this year “I’ve been very clear. The reason we didn’t put forward aslate is we didn’t have our financing committed at the time …We got the financing about 12 days later and moved within 24hours,” said Wilson, while addressing investors at the BMOAgriculture, Protein and Fertilizer Conference in New York,which was being webcast.
Terra hasthus far rejected CF’s bid and refused to negotiate. CF, which has said its board will review the revised bid,has also claimed that Agrium’s bid is merely a ploy to foilCF’s own bid for its rival Terra Industries (TRA.N). “I’m hoping that we hear back from CF and that they saythis bid of yours is a fair bid, let’s sit down and talk –that would be very pleasant. If they don’t, we need you asshareholders to give them a call and say, what are you doing,”Agrium’s Chief Executive Mike Wilson, said on Thursday. Agrium, on Monday, raised its bid a second time and itslatest offer values CF at about $4.18 billion — CF has yet torespond to the latest bid.