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VSE Verasun Energy Corp

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Share Name Share Symbol Market Type
Verasun Energy Corp NYSE:VSE NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

VeraSun Energy Retains Morgan Stanley to Evaluate Strategic Alternatives

19/09/2008 3:39am

PR Newswire (US)


Verasun Energy Corp (NYSE:VSE)
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SIOUX FALLS, S.D., Sept. 18 /PRNewswire-FirstCall/ -- In light of strategic interest expressed by multiple parties during its current equity offering, VeraSun Energy Corporation ("VeraSun") (NYSE:VSE) has retained Morgan Stanley to act in an advisory capacity to evaluate strategic alternatives. In addition, VeraSun suspended its previously announced equity offering. About VeraSun Energy Corporation VeraSun Energy Corp. (NYSE:VSE), headquartered in Sioux Falls, S.D., is a leading producer and marketer of ethanol and distillers grains. Founded in 2001, the company has a fleet of 16 production facilities in eight states, of which one is still under construction. VeraSun is scheduled to have an annual production capacity of approximately 1.64 billion gallons of ethanol and more than five million tons of distillers grains by the end of 2008. VeraSun also markets E85, a blend of 85 percent ethanol and 15 percent gasoline for use in Flexible Fuel Vehicles (FFVs), directly to fuel retailers under the brand VE85(R). For more information, please visit VeraSun Energy's websites at http://www.verasun.com/ or http://www.ve85.com/. DATASOURCE: VeraSun Energy Corporation CONTACT: Investors, Patty Dickerson, +1-605-978-7137, , or Media, Mike Lockrem, +1-605-978-7055, , both of VeraSun Energy Corporation Web site: http://www.verasun.com/

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