United Communications Group (UCG) terminates agreement to acquire Oil Price Information Service (OPIS) to Platts - MarketLine Financial Deals

United Communications Group (UCG) terminates agreement to acquire Oil Price Information Service (OPIS) to Platts

United Communications Group (UCG) terminates agreement to acquire Oil Price Information Service (OPIS) to Platts - MarketLine Financial Deals
United Communications Group (UCG) terminates agreement to acquire Oil Price Information Service (OPIS) to Platts
Published Feb 13, 2011
2 pages — Published Feb 13, 2011
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Brief Excerpt:

...United Communications Group, Inc. (UCG) has terminated its agreement to sell its wholly-owned subsidiary Oil Price Information Service, LLC (OPIS), a provider of news and price information to the wholesale and retail petroleum markets, to Platts, a provider of energy and metals information and a division of The McGraw-Hill Companies, Inc. All the companies are based in the US. McGraw-Hill is a provider of energy and commodities information, while UCG is a business and professional publishing company. Announcement (December 8, 2010): Platts has entered into an agreement to acquire OPIS from UCG. The acquisition is expected to be completed in the first half of 2011. Target Oil Price Information Service, LLC Acquirer Platts Seller/Vendor United Communications Group, Inc. Deal status Terminated Deal category Acquisition Deal sub-category Majority acquisition Date of announcement Dec 08, 2010 Date of termination Feb 13, 2011...

  
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MA41875_101210
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MHP=US
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MLA:
MarketLine Financial Deals. "United Communications Group (UCG) terminates agreement to acquire Oil Price Information Service (OPIS) to Platts" Feb 13, 2011. Alacra Store. Dec 03, 2016. <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/United-Communications-Group-UCG-terminates-agreement-to-acquire-Oil-Price-Information-Service-OPIS-to-Platts-2052-56022>
  
APA:
MarketLine Financial Deals. (2011). United Communications Group (UCG) terminates agreement to acquire Oil Price Information Service (OPIS) to Platts Feb 13, 2011. New York, NY: Alacra Store. Retrieved Dec 03, 2016 from <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/United-Communications-Group-UCG-terminates-agreement-to-acquire-Oil-Price-Information-Service-OPIS-to-Platts-2052-56022>
  
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