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http://www.kaneb.com/99annualreport/news/051601.html

"...Soon to be known as Xanser Corporation, Company Delivers Substantial Growth in Technical and Technology Services Business..."


I believe the date of record is 6/20/01 & LLC spinoff (30 cents quarterly dividend -- beginning in 11/01) shares occur 6/29/01. Anybody still following the firm? Management is clearly taking steps
to unlock value.

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