SUGAR LAND, Texas, June 4, 2012 /PRNewswire/ -- CVR Energy,
Inc. ("CVR") (NYSE: CVI), a refiner and marketer of petroleum fuels
and a majority owner of CVR Partners, LP (NYSE: UAN), a nitrogen
fertilizer producer, today announced that it has received an
inquiry regarding a short form merger of CVR with an affiliate of
Icahn Enterprises LP under the April 18,
2012, agreement between CVR and Icahn. CVR stated in
that Icahn Enterprises did not receive 90 percent of CVR
common stock relating to the subsequent offering period of the
Icahn tender offer, there will not be a short form merger
between CVR and Icahn Enterprises as a result of the April 18 agreement. No short form merger is
contemplated at this time.
(Logo:
http://photos.prnewswire.com/prnh/20071203/CVRLOGO)
About CVR Energy, Inc.
Headquartered in Sugar Land,
Texas, CVR Energy, Inc.'s subsidiary and affiliated
businesses operate independent refining assets in Coffeyville, Kan. and Wynnewood, Okla. with more than
185,000 barrels per day of processing capacity, a marketing
network for supplying high value transportation fuels to customers
through tanker trucks and pipeline terminals, and a crude oil
gathering system serving Kansas,
Oklahoma, western Missouri, southwestern Nebraska and Texas. In addition, CVR
Energy subsidiaries own a majority interest in and serve as the
general partner of CVR Partners, LP, a producer of ammonia and urea
ammonium nitrate, or UAN, fertilizers.
Forward Looking Statements
This new release may contain forward-looking statements. You can
generally identify forward-looking statements by our use of
forward-looking terminology such as "anticipate," "believe,"
"continue," "could," "estimate," "expect," "explore," "evaluate,"
"intend," "may," "might," "plan," "potential," "predict," "seek,"
"should," or "will," or the negative thereof or other variations
thereon or comparable terminology. These forward-looking statements
are only predictions and involve known and unknown risks and
uncertainties, many of which are beyond our control. These risks
and uncertainties may include, but are not limited to, the risk
factors and other disclosures included in our Annual Report on Form
10-K for the year ended Dec. 31,
2011, and any subsequently filed quarterly reports on Form
10-Q. These risks may cause our actual results, performance or
achievements to differ materially from any future results,
performance or achievements expressed or implied by these
forward-looking statements. Given these risks and uncertainties,
you are cautioned not to place undue reliance on such
forward-looking statements. The forward-looking statements included
in this news release are made only as of the date hereof.
For
further information, please contact:
|
|
|
|
Investor Relations:
|
Media
Relations:
|
Ed
Morgan
|
Angie
Dasbach
|
CVR
Energy, Inc.
|
CVR
Energy, Inc.
|
281-207-3388
|
913-982-0482
|
|
MediaRelations@CVREnergy.com
|
Jay
Finks
|
|
CVR
Energy, Inc.
|
|
281-207-3588
|
|
InvestorRelations@CVREnergy.com
|
|
SOURCE CVR Energy, Inc.