Thursday, May 30, 2013

MIDAMERICAN ENERGY TO BUY NV ENERGY FOR $5.6 BILLION

MIDAMERICAN ENERGY TO BUY NV ENERGY FOR $5.6 BILLION
MidAmerican Energy Holdings Co., a unit of Berkshire Hathaway Inc., is buying NV Energy Inc. for $23.75 a share in cash, or around $5.6 billion. The companies said the deal was unanimously approved by both boards of directors and could be completed in the first quarter of 2014, pending shareholder approval as well as approval by state and federal regulators. Read More »http://www.powermag.com/POWERnews/5670.html?hq_e=el&hq_m=2682702&hq_l=5&hq_v=30108e0773

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