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


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...