Printer Friendly
Email to a Friend
TOPEKA, Kan. (AP) - Kansas regulators are being asked to reconsider their rejection of the proposed sale of the state's largest electric company to a Missouri firm.
Kansas City, Missouri-based Great Plains Energy Inc. and Topeka-based Westar Energy Inc. announced Thursday that they made the request in a petition filed with the Kansas Corporation Commission
Regulators said last month in rejecting the proposed sale that the $12.2 billion price was too high and would leave the combined utility financially weaker than the separate companies. Great Plains and Westar argued the deal would create nearly $2 billion in operating efficiencies over the next decade to keep electric rates in check.
The utilities are asking to have until the end of May to determine whether a revised transaction can be negotiated that resolves the commission's concerns.
© Associated Press
MOST VIEWED STORIES
Effingham woman killed Friday in Atchison wreck
One hospitalized, one jailed, after Atchison attack
Atchison man involved in fatal NW MO crash
One injured in Nemaha Co wreck
Rural Horton man arrested on multiple drug charges
Street lights to be discussed at Monday city meeting
Meteorologist Spencer: Geometric Watch means electronic disruptions
Two file to challenge local legislator
Services set for Effingham woman killed in crash
USD 430 Board accepts resignations, approves new hires
U.S. 36 work in Doniphan Co to impact motorists
Truck fire at CGB facility in Falls City
BC's Pate remembered by students, college family
Flags to fly half staff Wednesday across KS
Moran works for Mayetta veteran's recognition
Results from SE Nebraska contested Primary Elections
Contested races in Tuesday Primary Election in Nebraska
LATEST STORIES
MHMA Mock Trial Team sees natl success
Fatal Atchison apt fire investigation continues
Commission holds work session on street lights
Results from SE Nebraska contested Primary Elections
U.S. 36 work in Doniphan Co to impact motorists
Senator Ricketts staff to visit Falls City and Auburn
Richardson County Sheriff provides updates to Commissioners
Services set for Effingham woman killed in crash
Hiawatha, Ks 66434