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ADD to BW0564 MO-EMPIRE-DISTRICT-ELECT that ran Dec. 15.


ADD to BW0564 (MO-EMPIRE-DISTRICT-ELECT) that ran Dec. 15.

The Empire District Electric Company and UtiliCorp United File

Merger Application With Missouri Missouri, state, United States
Missouri (mĭzr`ē, –ə), one of the midwestern states of the United States.
 Commission (adding information

to second paragraph)

JOPLIN Joplin (jŏp`lĭn), city (1990 pop. 40,961), Jasper and Newton counties, SW Mo., at the edge of the Ozarks; settled c.1839, inc. 1873. It is a railroad center, the shipping and processing point of a grain and livestock region with dairy and , Mo.--(BUSINESS WIRE)--Dec. 17, 1999--

In the press release issued December 15 regarding the joint application of merger between The Empire District Electric Company (NYSE NYSE

See: New York Stock Exchange
:EDE E·de  

A city of western Nigeria northeast of Ibadan. A center of Yoruba culture, it is in a cocoa-growing region. Population: 248,000.
) and UtiliCorp United (NYSE:UCU UCU University and College Union (UK)
UCU Ucore Uranium Inc (stock symbol)
UCU University College Utrecht (The Netherlands)
UCU University Credit Union
), a portion of the second paragraph was inadvertently omitted. The corrected paragraph reads as follows:

Empire District shareowners overwhelmingly approved the combination in September, and will receive $29.50 worth of UtiliCorp common stock for each share of Empire District common stock. The agreement also contains a provision under which the value of the merger consideration per share will decrease if UtiliCorp's common stock is below $22 per share at closing, and will increase if UtiliCorp's common stock is above $26 per share at closing. Empire stockholders may elect to take cash or stock, but total cash paid to Empire stockholders will be limited to no more than 50 percent of the total merger consideration, and the stock that may be issued in the merger is limited to 19.9 percent of the then outstanding common stock of UtiliCorp.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 17, 1999
Words:199
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