Business news in brief

0 Comments | Philadelphia Inquirer, The, February, 2007

IN THE REGION

Atlas America forms Lightfoot Capital Partners

Atlas America Inc., Philadelphia, said it formed Lightfoot Capital Partners L.P. with $160 million in initial equity funding to create master limited partnerships and provide capital to existing ones. Lightfoot will concentrate on such assets as infrastructure and coal. Atlas America, a natural gas producer and pipeline operator run by Edward Cohen, will own about 18 percent of the Lightfoot general partnership. Jonathan Cohen, Edward's son, will serve as Lightfoot chairman. - Miriam Hill

Annenberg Foundation to aid Lankenau Hospital

The Annenberg Foundation pledged $10 million to bolster medical education at Lankenau Hospital in Wynnewood. The money will be used to establish the...

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