Law360, New York (September 15, 2009) -- An affiliate of alternative asset manager Apollo Global Management LLC plans to acquire Texas-based energy company Parallel Petroleum Corp. in a transaction valued at about $483 million, Parallel said Tuesday.
Parallel stockholders will receive $3.15 per share in cash, representing a premium of 56 percent over the company's average closing share price over the past 30 trading days and 63...
