Arkansas Denies UtiliCorp/Empire Merger; Oklahoma Approves.Business Wire KANSAS CITY, Mo.--(BUSINESS WIRE)--Dec. 13, 2000 UtiliCorp United (NYSE NYSE See: New York Stock Exchange :UCU UCU University and College Union (UK) UCU Ucore Uranium Inc (stock symbol) UCU University College Utrecht (The Netherlands) UCU University Credit Union ) today said it had learned that the Arkansas Public Service Commission The Arkansas Public Service Commission (APSC) regulates the service and rates of those utilities subject to its jurisdiction in Arkansas. When it was originally created by the General Assembly in 1899, this was only the Railroads. had adopted and affirmed a December 4 order by the Commission's Administrative Law Judge administrative law judge n. a professional hearing officer who works for the government to preside over hearings and appeals involving governmental agencies. They are generally experienced in the particular subject matter of the agency involved or of several agencies. ("ALJ ALJ Administrative Law Judge ALJ Association for Legal Justice (Northern Ireland) ") which recommended against UtiliCorp's merger with The Empire District Electric Company (NYSE:EDE). In a related development, the Oklahoma Public Service Commission today issued an order approving the merger. In addition to consideration by Arkansas and Oklahoma, the consummation of the merger is conditioned upon the receipt of approvals of applications pending with regulatory commissions in Kansas and Missouri, and upon such approvals becoming final orders. Based in Kansas City, UtiliCorp United is an international electric and gas company with about 4 million customers and operations across the U.S. and in Canada, the United Kingdom, New Zealand and Australia. Additional information is available on the World Wide Web at www.utilicorp.com. The Empire District Electric Company is an investor-owned utility based in Joplin, Missouri, providing electric service to approximately 145,000 customers in southwest Missouri, southeast Kansas, northeast Oklahoma and northwest Arkansas. The company also provides monitored security, energy services, fiber optic service and decorative lighting as well as water service in three incorporated communities in Missouri. |
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