Subject: RSCI news 1.4.12
From: "Sebastian Momtazi" <[email-masked]>
To: "undisclosed-recipients:"
Date: Fri, 4 Jan 2013 12:15:12 -0500

Happy New Year!

*FISKER*

Fisker sues XL over hybrid cars wrecked by Superstorm
Sandy<http://newsandinsight.thomsonreuters.com/New_York/News/2012/12_-_December/Fisker_sues_XL_over_hybrid_cars_wrecked_by_Superstorm_Sandy/>

Thomson Reuters 12/28

Fisker has sued XL Group Plc after being denied insurance coverage over
flooding from Superstorm Sandy that destroyed 338 of its Karma plug-in
hybrids, worth about $33 million, at a Port Newark, New Jersey, shipping
facility.

Dan Neil on his review of the Karma in
2012<http://online.wsj.com/article/SB10001424127887323976104578199783704074180.html?mod=googlenews_wsj>

WSJ 12/29

Dan Neil says he was ‘too easy on the Fisker Karma’.

Delaware taxpayers increasingly on the hook as Fisker auto plant
idles<http://www.foxnews.com/politics/2013/01/03/delaware-taxpayers-increasingly-on-hook-as-fisker-auto-plant-idles/>

FoxNews 1/3/12

The governor of Delaware loaned $21.5MM to the carmaker to set up a factory
in the state. The company has yet to produce a car in the state and
taxpayers are footing the electric bill for the idle plant.

*THE WEATHER CHANNEL*

Weather Channel SVP: Changing the Pitch on a Local-by-Local
Basis<http://streetfightmag.com/2013/01/02/weather-channel-vp-relevance-is-key-on-mobile/>

SF Mag 1/2

Interview with Eric Hadley on the tension between local and national in
weather coverage and information among other things.

*Landmark mulls Weather Channel, paper
sale<http://www.thestar.com/business/article/291696--landmark-mulls-weather-channel-paper-sale>
*

The Star 1/4

The New York Times reported yesterday that The Weather Channel, Landmark's
largest asset, could fetch as much as $5 billion (U.S.) and is attracting
interest from parties including General Electric Co.'s NBC Universal, News
Corp. and cable TV company Comcast Corp.

Buy the Sky and Sell the Sky: The Weather Channel is now branding
winter<http://entertainment.time.com/2013/01/04/buy-the-sky-and-sell-the-sky-the-weather-channel-is-now-branding-winter/>

Time 1/4

Time article on TWC’s branding Winter Storms

*ENERGY FUTURE HOLDINGS*

*EFH scrambles to avoid
defaulting<http://www.star-telegram.com/2013/01/02/4520108/company-scrambles-to-avoid-defaulting.html>
*

Star-Telegram 1/2

Traders with an eye on Dallas-based Energy Future Holdings are trimming
their odds that the state's biggest electricity producer will file for
bankruptcy this year.

On Dec. 21, EFH -- formerly known as TXU Corp. -- disclosed in a regulatory
filing that it borrowed $769 million from a credit line, giving it $1.3
billion in cash and equivalents. It said it also completed a debt exchange
and asked lenders for a debt extension affecting nearly $800 million in
debt.

 *BUSCH/SEAWORLD*

SeaWorld attracts LBO firms for pre-IPO
buyout<http://www.pehub.com/179465/seaworld-attracts-lbo-firms-pre-ipo-buyout/>

PE Hub 1/3

SeaWorld Parks and Entertainment has held early talks with interested
parties to explore whether a private sale could fetch more than an initial
public offering, two people familiar with the matter said on Thursday.

*HEALTHSCOPE*

*Sonic brings bid for Healthscope back to
life<http://www.theaustralian.com.au/business/companies/sonic-brings-bid-for-healthscope-back-to-life/story-fn91v9q3-1226547328304>
*

The Australian 1/4

Healthscope is close to securing a sale of its pathology assets in regional
NSW and the ACT, with Sonic Healthcare reviving a previous bid for part of
the business.

*PRIVATE EQUITY*

Cerberus Capital Management may tap Lazard for Freedom Group
Sale<http://blogs.wsj.com/privateequity/2012/12/20/cerberus-may-tap-lazard-for-freedom-group-sale/>

WSJ 12/20

Cerberus Capital Management is in discussions with investment bank Lazard
Ltd. about running an auction for Freedom Group Inc., the gun manufacturer
the buyout firm decided to sell in the wake of the Newtown shooting.

*Friedman Fleischer & Lowe’s look back on
2012<http://blogs.wsj.com/privateequity/2012/12/27/in-their-own-words-friedman-fleischer-lowes-spencer-fleischer/>
*

WSJ 12/27

A look back on 2012 with Spencer Fleischer