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CNN —The biggest inferno in Texas history is being fueled by winds and high temperatures as it rages Sunday, threatening to incinerate more buildings, cattle and livelihoods across the Texas Panhandle while residents sift through ashes of what used to be homes. The fire, which is just one of five blazes currently scorching the Texas Panhandle, has already killed two people and destroyed over 500 structures, state officials said Saturday. Texas A&M Forest Service spokesperson Jason Nedlo told CNN Saturday that the blaze could grow over the weekend due to the weather conditions. Because the Texas Panhandle had higher-than-average rainfall this winter, there is more grass – fuel – to burn. A “red flag” warning, which indicates critical fire weather conditions, remains in effect for Oklahoma and the Texas Panhandle through midnight Sunday.
Persons: Jason Nedlo, Crews, Nedlo, Cindy Owen, Jennifer Mitchell, Owen’s, Joyce Blankenship, , , Nathan Blankenship, could’ve, GoFundMe, Lokman Vural, Susan, Ronnie Johnson’s, ” Ronnie, “ We’ve, ” Susan, Greg Abbott, ” Abbott, it’s, Scott Olson, Sid Miller, It’s, ” Miller, CNN’s Omar Jimenez, We’ve, ” “, Miller Organizations: CNN, Texas Panhandle, National Weather Service, M Forest, Texas, M, Service, Texans, Connect, Services, Getty, Texas Gov, Agriculture Locations: Texas, Oklahoma, Moore County, Gray County, Oldham County, Hutchinson County, Pampa , Texas, Hemphill County, Fritch, Stinnett , Texas, Anadolu, Fritch , Texas
CNN —The wildfire in Texas has already killed two people, demolished hundreds of structures and obliterated thousands of cattle as it became the biggest blaze in the state’s history. Some 8 million people across the Central Plains are under “red flag” warnings and temperatures are above normal in the Texas Panhandle. So far, the Smokehouse Creek Fire has spread across more than 1 million acres and has become the biggest Texas wildfire on record. And the fire is just one of five blazes currently scorching the Texas Panhandle, destroying as many as 500 structures. Sunday’s fire weather threat will be greatest for the Texas Panhandle and western Texas, according to the Storm Prediction Center.
Persons: Cindy Owen, Jennifer Mitchell, Owen’s, Joyce Blankenship, , , Nathan Blankenship, could’ve, Sid Miller, GoFundMe, Greg Abbott, he’d, Sammy Schafer, Leah Millis, ” Abbott, it’s, there’s, Miller, Shane Pennington, Pennington, “ It’s, they’re, ” Pennington, he’s, “ We’ve, ” Miller, We’ve, ” CNN’s Gene Norman, Rebekah Riess, Sara Tonks, Eric Zerkel, Sarah Davis Organizations: CNN, Texas Panhandle, Storm Prediction Center, Storm Prediction, Texas, M, Service, Texans, Connect, Services, Texas Panhandle Gov, Reuters Locations: Texas, Plains, South Dakota, Denver, Colorado Springs, Colorado, Lubbock, Amarillo, Oklahoma, Central, Amarillo , Midland, Odessa, Moore County, Gray County, Oldham County, Hutchinson County, Pampa , Texas, Hemphill County, Fritch, Canadian , Texas
REUTERS/Amira Karaoud/File Photo Acquire Licensing RightsNEW YORK, Nov 3 (Reuters) - Wildcat Capital Management, a top shareholder in Consolidated Communications Holdings (CNSL.O), said on Friday it plans to vote against its $3.1 billion takeover by an investor consortium, as it undervalues the broadband services provider. In October, Consolidated Communications agreed to be bought by an investor group comprising Searchlight Capital Partners And British Columbia Investment Management Corp, months after the group had first submitted an offer to buy the company. Reuters reported in July that Wildcat asked Consolidated Communications to reject the offer. Consolidated Communications did not immediately respond to a request for comment. Wildcat argued that mature fiber and cable operators have historically been valued at 10 to 15 times earnings before interest, taxes, depreciation and amortization (EBITDA) by acquirers, whereas Consolidated Communications' take-private deal valued the company at about six times of cash flow.
Persons: Amira Karaoud, Wildcat, CNSL, Tom McConnon, McConnon, Anirban Sen, Rashmi Organizations: REUTERS, Wildcat Capital Management, Consolidated Communications Holdings, Consolidated Communications, Reuters, Searchlight, Partners, Columbia Investment Management Corp, Wildcat, acquirers, Frontier Communications, Thomson Locations: Oldham county, Louisville , Kentucky, U.S, , Illinois, New York
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