WICHITA, Kan. (AP) - Shareholders have overwhelmingly approved a proposed merger of Kansas' largest electric company with a Missouri firm.
Kansas City, Missouri-based Great Plains Energy Inc. and Topeka-based Westar Energy Inc. announced in a news release Tuesday that more than 90 percent of the shares voted at each company approved the transaction.
The revised deal creating a company with a combined equity value of about $14 billion still requires regulatory approval.
The Kansas Corporation Commission issued an order Tuesday setting out a schedule next year that includes an evidentiary hearing March 19-27. Its order is due by June 5.
The companies made public the revised transaction this summer after the commission denied their original request after concluding the price was too high and would leave the combined utility financially weaker than separate companies.
© Many Signals Communications
MOST VIEWED STORIES
Cold case investigation leads to Holton warrant
Horton City Clerk's resignation accepted Monday
Effingham owner regains truck following theft, arrest
Former Kickapoo Tribal chairman arrested
Winchester native named as Amberwell CEO
Holton property search concludes with arrest
Mayetta pair arrested on meth, child endangerment charges
Rural Horton man charged in alleged beating
Juveniles face charges following Atchison break-in
Atchison Co's Oswald named honorary bailiff for KS Court
McLouth man injured in Monday wreck
No injuries in early Sunday morning house fire in Falls City
Severe storms move through NE KS
KS prepares for severe weekend weather
Senator Slama on tax relief efforts
Former AG Schmidt running for KS' 2nd Congressional District
Commission approves agreement for budget help
Pawnee City School Board approves personnel changes
Council hears report from golf course
Richardson County accepted into managed call handling program
LATEST STORIES
Peru State faculty member to be honored
Nebraska Primary Election reminders
Severe storms move through NE KS
NVCH receives $415,000 grant for expansion project
KS prepares for severe weekend weather
Richardson County Board approves pay raise for dispatchers
NPPD urges farmers to be safe around power lines
Arbor Day proclaimed in Atchison
Former AG Schmidt running for KS' 2nd Congressional District