OLD GREENWICH, Conn., April 29 /PRNewswire-FirstCall/ -- Premcor Inc.
(NYSE: PCO) today announced that 19,117,104 shares of Premcor common stock are
being distributed by Blackstone Capital Partners III ("Blackstone") to
Blackstone's investors.
The investors receiving the distribution of Premcor common stock are not
restricted from selling their shares, except that Blackstone personnel
receiving shares are subject to the limitations of Rule 144 under the
Securities Act of 1933. Premcor will not receive any proceeds from the
distribution or from any sales of the shares of common stock.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy.
Premcor Inc. is one of the largest independent petroleum refiners and
marketers of unbranded transportation fuels and heating oil in the United
States.
SOURCE Premcor Inc.
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Related links:
http://www.premcor.com
CONTACT:
Media/Investors - Karyn Ovelmen,
+1-203-698-5669, or Investors - Colin Murray, +1-203-698-5921,
both of Premcor Inc.
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