rich people catch all the breaks- Milwaukee Bucks Owner Wes Edens Lands $20 Million Manhattan Penthouse It takes a certain amount of chutzpah to ask for a $5 million discount — but then again, folks who can afford to pay for something expensive enough to be discounted millions are typically powerful, larger-than-life business moguls. Among their ranks is Wes Edens, co-owner of the Milwaukee Bucks basketball team and a majority share-holder of English Premier League club Aston Villa, who was able to knock $5 million off the listing price of a futuristic Manhattan condo. The sleek, glassy home, listed for just under $25 million at the time of sale, overlooks the trendy High-Line pedestrian path in Chelsea and sits atop an eye-catching building crafted by the late, award-winning architect Zaha Hadid. In fact, it was one of the last developments to be blessed with her signature chic and curvy aesthetic before she died at 65in 2016.
Antero Resources has positioned itself among the fast-growing natural gas producers in the United States. AR's strategic acreage position in the low-risk and long reserve-life properties of the Appalachian Basin is a major positive. Its core acreage position allows for major long lateral drilling opportunities and capital efficiencies. Antero Resources expects to generate $1.5-$1.7 billion of free cash flow in 2022, suggesting a significant improvement from $849 million reported in 2021. AR is targeting a capital return program of 25%-50% of free cash flows annually, beginning with the implementation of the share repurchase program of up to $1 billion. Also, Antero Resources is well-positioned to capitalize on the rising natural gas price.
NuScale shareholders file suit ahead of proposed SPAC merger - Portland Inno April 27, 2022, 04:55pm PDT Five shareholders who own NuScale Power common stock are suing the company over actions they argue will dilute share value by up to $90 million. The suit comes as NuScale finalizes a merger with special purpose acquisition company Spring Valley Acquisition Corp that would result in NuScale becoming a publicly traded company.
Van we have to keep tabs on this-- Why a Portland energy startup is defying the SPAC slump ‘It’s a clean energy SPAC that in a very bad stock market for SPACs is performing very well.’ April 14, 2022, 07:45am PDT With its planned public listing drawing near, NuScale Power is defying recent market disdain for special purpose acquisition company mergers. Investors have done nothing but warm to the Portland-based nuclear startup and its tie-up with the SPAC Spring Valley Acquisition Corp. in recent weeks. Exhibit 1: The dealbhas attracted $55 million in additional private investment since it was announced in December.<------