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 Forestar Group Inc. (NYSE: FOR)
FOR reported the completion of its acquisition of CREDO Petroleum Corporation (?Credo?) for approximately $146 million in cash, excluding closing costs. The company funded the purchase with borrowings under its senior credit facility and available cash. 
Credo is an oil and gas exploration, development and production company based in Denver, Colorado which owns leasehold interests in over 135,000 net mineral acres. Formations include the Bakken and Three Forks of North Dakota, Lansing ? Kansas City in Kansas and Nebraska, and Tonkawa and Cleveland in the Texas Panhandle. Credo owns working interests in approximately 380 producing wells and overriding royalty interests in approximately 1,200 wells. Forestar Group Inc. Inc. (NYSE: FOR) operates in three business segments: mineral resources, real estate and fiber resources. At the end of the second quarter 2012, the real estate segment owns directly or through ventures almost 145,000 acres of real estate located in eight states and twelve markets in the U.S. The real estate segment has 16 real estate projects representing approximately 27,600 acres currently in the entitlement process, and 72 entitled, developed and under development projects in seven states and eleven markets encompassing almost 15,600 acres, comprised of almost 24,000 planned residential lots and over 2,400 commercial acres. The mineral resources segment manages approximately 594,000 net acres of oil and gas mineral interests located principally in Texas, Louisiana, Alabama, and Georgia. Also included in the mineral resources segment is a 45% nonparticipating royalty interest in groundwater produced or withdrawn for commercial purposes from approximately 1.4 million acres in Texas, Louisiana, Georgia and Alabama and about 17,800 acres of groundwater leases in central Texas. The fiber resources segment includes the sale of wood fiber and management of our recreational leases. Forestar?s address on the World Wide Web is www.forestargroup.com. ****  Polaris Industries Inc. (NYSE: PII)
PII broke ground on an expansion of the Company?s Product Development Center near Wyoming, Minn. Since opening in 2005, the 126,000 square foot research and development facility has been pivotal in Polaris? ascent to the top of the global powersports market. 
The expansion of the Wyoming facility will add 144,000 square feet to the existing building, more than doubling its size. This new space will provide large work bays for off-road vehicles, flexible conference and display space, a new electrical lab, and a new EMI room. The extra space will also allow expansion of the café and kitchen and add a new parking lot for additional employees. The construction effort will be led by Ryan Companies, US, the same firm that led construction on the original building in 2005. Polaris (NYSE: PII) is a recognized leader in the powersports industry with annual 2011 sales of $2.7 billion. Polaris designs, engineers, manufactures and markets innovative, high quality off-road vehicles (ORVs), including all-terrain vehicles (ATVs) and the Polaris RANGER® side-by-side vehicles, snowmobiles, motorcycles and on-road electric/hybrid powered vehicles. Polaris is among the global sales leaders for both snowmobiles and off-road vehicles and has established a presence in the heavyweight cruiser and touring motorcycle market with the Victory and Indian motorcycle brands. Additionally, Polaris continues to invest in the global on-road small electric/hybrid vehicle industry with Global Electric Motorcars (GEM) and Goupil Industrie SA, and internally developed vehicles. Polaris enhances the riding experience with a complete line of Pure Polaris apparel, accessories and parts, available at Polaris dealerships. For more information about Polaris Industries Inc. visit www.polarisindustries.com. ****  Crown Equity Holdings Inc. (CRWE)
After becoming a publishing company, CRWE has been evolving in a worldwide online multimedia advertising publisher. CRWE is paving the way in how we communicate worldwide. From buying and selling goods to how people receive news. The company's focus is on the distribution of current information to a target audience which advertisers want to reach. The Company continues to diversify and the Crown Equity family continues to expand. Crown Equity Holdings family consist of CRWE Newswire (www.crwenewswire.com), CRWE Domains (www.crwedomains.com), CRWE Real Estate (www.crwerealestate.com), CRWE Press Release (crwepressrelease.com), CRWE Direct (www.crwedirect.com) , CRWE AD Services (www.crwe-adservices.com), and CRWE Tube (www.crwetube.com). CRWE offers advertising branding and marketing services as a worldwide online multi-media publisher with its digital network of websites and focuses on the distribution of information for the purpose of bringing together a targeted audience and the advertisers that want to reach them. Crown Equity Holdings advertising services cover and connect a range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness. For more information about Crown Equity Holdings Inc. visit www.crownequityholdings.com. **** To view recent article please visit http://crweselect.com/30376/stock-alerts/cablevision-closed-public-offering-of-750-million-of-senior-notes-cvc-rdy/ *********** THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY! Disclaimer: CRWESelect.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. (Read Full Disclaimer at http://crweselect.com/disclaimer).
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