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Article: Duquesne Light Holdings Shareholders Overwhelmingly Approve Merger With Macquarie Consortium.
- Article from:
- PR Newswire
- Article date:
- December 5, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Pittsburgh-Based Utility Will Maintain Commitment to Service, Reliability, Community Involvement
PITTSBURGH, Dec. 5 /PRNewswire-FirstCall/ -- Duquesne Light Holdings shareholders today overwhelmingly approved the proposed merger of the company with a consortium led by Macquarie Infrastructure Partners and Diversified Utility and Energy Trusts.
Of the approximately 75 percent of the 88.6 million outstanding shares represented at the special shareholder meeting, approximately 93 percent voted in favor of the merger.
As part of the merger agreement, Duquesne Light Holdings' headquarters will remain in Pittsburgh and the companies will maintain ...