NV Energy to hold stockholder vote on proposed merger

NV Energy to hold stockholder vote on proposed merger by MidAmerican Energy Holdings Co.

NV Energy (NYSE: NVE) said that a special meeting of stockholders will be held on Sept. 25 at its headquarters to consider and vote upon the proposed acquisition of the utility by MidAmerican Energy Holdings Co.

The merger was first proposed in May for more than $5 billion, or $23.75 per share in cash. Both companies’ boards of directors approved the transaction. The deal was scheduled for completion in early 2014.

Read more mergers and acquisitions news

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...