Husky Oil Canada Ltd. Deal - Lehman Brothers Collection
Husky Oil Canada Ltd.
|Company Deal||925,000 shares of common stock (par value $1 per share)|
|Transaction Type||Common Stock|
|Deal Description||Husky Oil Canada Ltd. used its portion of the proceeds from this transaction for the acquisition, exploration, and development of oil and natural gas properties and the expansion and improvement of refining, marketing, and other facilities, and to reduce short-term indebtedness. The company did not receive any portion of the proceeds from the shares sold by the selling stockholders. The group of selling stockholders consisted of the Robineau Estate and J. E. Lynch.|
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