Source: The Business Journals

KCC: KCC denies $12.2 billion Westar Great Plains merger

The Kansas Corporation Commission voted 3-0 Wednesday to deny the application for a merger between Westar Energy and Great Plains Energy. While the shareholders of both companies overwhelmingly approved the $12.2 billion deal, the KCC staff reported in December that they could not recommend approval because the risk was too high to current and future customers. The Kansas City Business Journal has a complete rundown on Wednesday's events in a report by James Dornbrook. Dornbrook reports that it's...

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Est. Annual Revenue
$5.0-25M
Est. Employees
25-100