Full flights seen for spring break
Full flights are expected at Will Rogers World Airport this week as spring break travelers flock to destinations throughout the country. The busiest time of the season for air travel is expected to begin Thursday and last through the weekend. Spring break travelers typically check more bags and carry more items through security, which can create longer lines at ticket counters and security checkpoints. The airport and the Transportation Security Administration have advised travelers to arrive at the airport at least 90 minutes before departure time. Travel tips, ticket counter hours and flight information can be found at flyokc.com and tsa.gov.
Experts to discuss financial abuse
Oklahoma Securities Commission Administrator Irving Faught will join a panel of experts to discuss how to combant the rise of elder financial abuse at the American Society on Aging Conference, Aging in America on Friday in San Diego. The MetLife Foundation estimates seniors lose $2.9 billion annually to fraudulent schemes. “At home, a substantial number of our cases involve senior victims,” Faught said. “Elder financial abuse is a crime and it is among our top priorities to reduce this number through continued unbiased investor protection education and the development of effective partnerships with members of Oklahoma’s enforcement, medical and legal communities.” Oklahoma has joined the 28-state Elder Investment Fraud and Financial Exploitation coalition, funded by the Investor Protection Trust in 2010. To learn more about the agency’s elder investment fraud and financial abuse prevention efforts, go online to investedok.org.
Danlin Industries is sold
New York private equity firm Arsenal Capital Partners on Monday announced the purchase of Thomas-based Danlin Industries and Midland, Texas-based Kel-Tech Inc. Both purchased companies provide chemicals and related services to oil and natural gas exploration companies. “Both Danlin and Kel-Tech are high-quality service providers with longstanding relationships in their respective geographies. We are excited about partnering with each of the companies to enhance service and technical solutions for their customers,” said Tim Zappala, a partner who co-heads Arsenal’s Specialty Industrials practice.
Global selling 8M common units
Global Infrastructure Partners II is selling 8 million common units representing limited partner interests in Access Midstream Partners LP. Underwriter Barclays will be able to purchase an additional 1.2 million units. Access will not receive any proceeds from the offering, which began Monday.
SandRidge declares dividend
SandRidge Energy Inc. directors Monday declared a $3.50 per share semi-annual dividend on its shares of 7 percent convertible perpetual preferred stock. The payout will be made May 15 to holders of record on May 1.
From Staff Reports