Atlas Energy Shareholders Bless $4.3B Sale To Chevron

Law360, New York (February 16, 2011, 3:28 PM EST) -- Nearly 100 percent of voting Atlas Energy Inc. shareholders approved the natural gas company's $4.3 billion sale to Chevron Corp. following the settlement of a class action over the deal, paving the way for a prompt closing, Atlas Energy said Wednesday.

The proposal to approve the merger was supported at a special meeting of shareholders by 99.7 percent of the votes, Moon Township, Pa.-based Atlas Energy said.

"Atlas shareholders are taking advantage of what has turned out to be a mad rush to acquire shale gas...
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