Enron Mail

From: barton.clark@enron.com To: sara.shackleton@enron.com Subject: Underwriting Review of Catalytica Transaction, including Spark Cc: Bcc: Date: Mon, 11 Oct 1999 09:04:00 -0700 (PDT) Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Barton Clark X-To: Sara Shackleton X-cc: X-bcc: X-Folder: \Sara_Shackleton_Dec2000_June2001_1\Notes Folders\All documents X-Origin: SHACKLETON-S X-FileName: sshackle.nsf Brad Nebergall advises he has not sought formal approval of the Catalytica transaction because it is too early to know for sure that we have a deal ( ie, we still do not have GE's reaction to the latest draft Xonon Implementation Agreement and, as we discussed, we will still need to get the Option Repurchase Agreement blessed by Catalytica's auditors). Brad said, however, that he has met twice with underwriting on the transaction, and that Dave Delaney is in "general agreement" with the deal "in concept". I hope that addresses your inquiry, and I'll update you when (and if) we move to the next stage.