Billings Ramsey acquires First NLC Financial Services and XTO Energy buys Antero Resources.

0 Comments | M2 Presswire, January, 2005

M2 PRESSWIRE-11 January 2005-FNWU: Billings Ramsey acquires First NLC Financial Services and XTO Energy buys Antero Resources(C)1994-2005 M2 COMMUNICATIONS LTD RDATE:01112005 City of Industry, CA - Merger and acquisition news provided by Financial News USA (OTC: FNWU). Friedman, Billings Ramsey Group Inc.

(NYSE: FBR) said it agreed to acquire mortgage lender First NLC Financial Services, LLC, a unit of Sun Capital Partners, for $88 million in cash and stock. XTO Energy Inc. (NYSE: XTO) said it agreed to buy privately held Antero Resources Corp., a natural gas producer in Texas' Barnett Shale, for about $685 million in cash and stock. The AES Corporation (NYSE: AES) announced it has entered into an agreement to acquire SeaWest Holdings Inc., a move which...

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