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Article: Chesapeake Utilities Corporation and Florida Public Utilities Company Complete Merger.

Article from:
PR Newswire
Article date:
October 29, 2009
Copyright

DOVER, Del., Oct. 29 /PRNewswire-FirstCall/ -- Chesapeake Utilities Corporation and Florida Public Utilities Company (NYSE AMEX: FPU) announced today the completion of their planned merger, effective yesterday, October 28, 2009. Florida Public Utilities is now a wholly owned subsidiary of Chesapeake.

The combination creates a combined energy company serving approximately 200,000 customers (117,000 natural gas, 48,000 propane and 31,000 electric customers) in the Mid-Atlantic and Florida markets with assets totaling approximately $595 million. Chesapeake and Florida Public Utilities (FPU) recognized $291.4 million and $168.5 million in revenues, respectively, ... 







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