Wednesday, October 1, 2008

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Back to drawing board for Bulldogs
By Chip Towers | Monday, September 29, 2008, 06:46 AM
The Atlanta Journal-Constitution
Well, it's Monday and, for the second day in a row, the sun came up despite Georgia's unsightly loss to Alabama Saturday night. Judging from some of the e-mails I received from some of you Bulldogs fans there seemed to be some doubt whether that would happen.
Yes, the Bulldogs' 41-30 loss to the Crimson Tide was ugly and shocking and embarrassing, especially considering all the stock that was put into it with the blackout and all. But it also was very revealing and, at this point in the season, that's not necessarily a bad thing.
First, some perspective. Georgia is neither as bad as it looked in the first half when it was outscored 31-0 nor as good as it looked in the second when it did the outscoring 30-10


HAIFA, Israel, September 29, 2008 /PRNewswire-FirstCall via COMTEX/ -- Oil Refineries Ltd. (TASE: ORL.TA) ('Oil Refineries' or the 'Company') announced that subsequent to the Company's announcements dated July 8, 2008 and July 29, 2008 with respect to its entering into an agreement with Israel Petrochemical Enterprises ('IPE') for the acquisition of the 50% balance of shares in Carmel Olefins Ltd. ('CAOL') in exchange for the allocation of 20.53% of the Company's share capital (the 'Allocated Shares') and the sale of the Company's shareholding in IPE (the 'Agreement'), which was approved by the Company's Special General Shareholders Meeting on August 13, 2008, the Company, following receipt of both Audit Committee and Board of Directors approval, signed, on September 28, 2008, an addendum to the agreement. The purpose of the said addendum is to enable the completion of the agreement and the execution of the merger, between the Company and CAOL (in addition to the sale of the IPE shares held by the Company) also in the instance whereby as at the date of closing the condition precedent detailed in section 7.1.6 of the Agreement Report, with respect to the receipt of the Control Decree under the Government Companies Order (Declaration of an Essential Interest of the State in the Oil Refineries Ltd.) - 2007, is not received.




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