Published:
VeraSun Energy Retains Morgan Stanley to Evaluate Strategic Alternatives
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 inSioux 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.
SOURCE VeraSun Energy Corporation
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