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Asset disposition
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CH ENERGY GROUP INC (CHG)
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Create: Alert |
All | News | Filings
| Date Filed | Type | Description |
| 12/18/2009 |
8-K
| Asset disposition|
Docs:
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"CH Energy Group Clarifies Gain on Recent Sale of Assets CH Energy Group, Inc. announced on Dec. 11, 2009, that its subsidiary, Griffith Energy Services, Inc., had completed the sale of select operating divisions serving markets in Rhode Island, Connecticut and Pennsylvania as part of a strategic streamlining that is expected to reduce cash flow volatility and allow the fuel oil delivery firm to focus on its Mid-Atlantic operations. At that time, it was also reported that the sale would result in a gain of approximately $6.5 million, or approximately 40 cents per share, after taxes. For clarification, the reported gain is the amount that is expected to be recognized by Griffith Energy Services from the sale. As a result of taxes applicable to CH Energy Group at its holding company level, th..." |
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| 12/11/2009 |
8-K
| Asset disposition |
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